The company's purpose is to develop real estate projects in Switzerland and abroad, as well as to enhance and manage real estate assets. The company may carry out all commercial and financial transactions, take participations in all companies and commercial and financial enterprises, both in Switzerland and abroad. The company may, either on its own account or on behalf of third parties, carry out all commercial, financial, movable or immovable transactions, directly or indirectly related to its main purpose. It may also establish branches and/or subsidiaries in Switzerland and abroad. Furthermore, the company may, either on its own account or on behalf of third parties, carry out any activity in the field of construction compatible with its purpose. To this end, it is authorized to invest its available reserves in financial assets of all kinds. The company may also grant loans to its associates and/or guarantee, secure or co-sign loans granted by third parties to its associates.