The company's purpose is to carry out all real estate transactions, in particular the purchase, sale, development, management, administration, brokerage and rental of all properties, as well as the operation of a general enterprise, the construction and transformation of properties. The company may engage in any financial, commercial or industrial activity, whether movable or immovable, directly or indirectly related to its purpose. It may establish branches or subsidiaries in Switzerland and abroad, acquire financial, commercial and industrial interests in all Swiss and foreign companies, and participate in their administration, management and development. Furthermore, the company may provide securities and grant guarantees in favor of its shareholders and other group companies. It may also grant loans of any kind to its shareholders and other group companies.