The company's purpose is the purchase, sale, construction, renovation, rental and administration of all real estate, as well as the purchase, sale and holding of participations, their management and financing, excluding operations prohibited by the LFAIE. The company may carry out all commercial, financial or other operations that have a direct or indirect connection with its corporate purpose in Switzerland and abroad. The company may acquire, hold and dispose of real estate within the limits of the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE). The company may grant loans or guarantees to associates or third parties. It may establish branches and subsidiaries in Switzerland and abroad.