The company's purpose is to engage in all activities in the field of real estate, in particular the purchase, sale, investment, promotion, operation and rental of all commercial real estate, as well as the operation of commercial arcades, to the extent permitted by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE). It may also operate and manage hotels and similar businesses, as well as carry out all financial, commercial, industrial, movable and immovable transactions and any consulting activity that may be directly or indirectly related to its main purpose or any similar purpose. The company may create branches or subsidiaries in Switzerland and abroad, participate in all businesses having a direct or indirect connection with its purpose. The company's purpose is to provide direct or indirect financing, whether in the form of loans and/or any other form of financing, if it is in its interest, to third parties or companies in which it holds direct or indirect participations, as well as to its direct or indirect shareholders and companies in which they hold direct or indirect participations. The company may also provide any kind of security or guarantee to secure its obligations or those of any of the aforementioned persons, including in the form of pledges, assignments or transfers as security, guarantees of any kind or indemnification commitments, if it is in its interest. The company may provide such financing, security or guarantees even if it is exclusively in the interest of third parties or companies in which it holds direct or indirect participations, or in the interest of its direct or indirect shareholders or companies in which they hold direct or indirect participations, if it is in its interest. Furthermore, the company may create branches in Switzerland and abroad; it may assume participations in all similar or similar businesses and take charge of all operations and functions that are intended to develop the company's purpose or have a direct or indirect connection with its object.