The company's purpose is the purchase, sale, construction, transformation, rental, management and generally the development of real estate and all financial and commercial operations related to this purpose, excluding all real estate transactions prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE). The company may establish branches in Switzerland and abroad. It may acquire interests in any company, engage in any activity and perform any function having a direct or indirect relationship with its purpose. It may grant loans or guarantees to shareholders or third parties if it serves its interests.