The company's purpose is the acquisition, holding, management, sale, leasing, construction, renovation, and promotion of any real estate. The company may carry out all transactions and conclude all contracts likely to promote the purpose for which the company was established and exercise all activities that are directly or indirectly related to this purpose. It may conduct its activities both in Switzerland and abroad and take participations in other companies or associate with other companies. It may establish branches and subsidiaries in Switzerland and abroad. It may acquire real property, encumber it, alienate it, lease it, and manage it, within the framework of its commercial activity and to the exclusion of operations prohibited by the LFAIE. The company may, for a fee or free of charge, grant loans to its partners or to third parties, or provide securities of all kinds to cover the commitments of its partners or of third parties.