The company's purpose is the acquisition, holding, and management of real estate; construction and renovation; real estate development; financing and brokerage as well as all mobile and financial operations. The company may create branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and carry out all operations directly or indirectly related to its purpose. It may grant loans to its shareholders or to third parties, act as guarantor for loans subscribed by its shareholders or third parties, guarantee these loans by issuing or pledging mortgage securities or by subscribing to any other financial commitment as well as pledge its assets to guarantee any claim. It may acquire, hold, encumber, alienate, and manage real estate properties with exclusively commercial purposes in Switzerland and abroad.