The purpose of the company is the purchase, sale, brokerage, management and valuation of real estate on its own account or on behalf of third parties, the acquisition, holding, management and realization of participations in all kinds of commercial, financial, industrial and real estate companies. The company may carry out all financial, commercial, industrial, movable and real estate transactions in Switzerland and abroad, directly or indirectly related to the main purpose, either on its own account or on behalf of third parties. It may open branches and hold subsidiaries. The company may also grant loans to its shareholders and/or solidarize with third parties, guarantee for them or act as guarantor for loans granted to its shareholders by third parties.