The company's purpose is to engage in all activities in the real estate sector, such as in particular the purchase, sale, holding, management, administration, renovation, promotion and construction of properties, with the exception of operations prohibited by the AIE Act. It may carry out all operations related to these activities as well as all operations that are likely to promote the company's purpose and interests. It may acquire and sell properties, establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with similar or analogous purposes, merge with such companies and conclude all contracts that are likely to develop or achieve its purpose or are directly or indirectly related to it. The company may grant loans to its shareholders or third parties, act as guarantor or guarantee any commitment made by its shareholders or third parties. It may carry out all operations related to this activity as well as all operations that are likely to promote the company's purpose and interests. It may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with similar purposes, merge with such companies and conclude all contracts that are likely to develop or achieve its purpose or are directly or indirectly related to it. It may also grant loans to its shareholders or third parties, act as guarantor or guarantee any commitment made by its shareholders or third parties.