The company's purpose, within the limits of the Federal Act on the Acquisition of Real Estate by Foreigners of December 16, 1983 (LFAIE), is the acquisition, sale and purchase, management, rental, and development of real estate, as well as real estate promotion. The company may also carry out all commercial, financial or securities transactions, take participations in other companies and, in general, carry out all operations having a direct or indirect connection with the company's purpose in Switzerland and abroad. The company may have subsidiaries or establish branches in Switzerland and abroad.