The company's purpose is to engage in all activities in the field of real estate, in particular the purchase, sale, administration for its own account and for the account of third parties, operation, rental, promotion and development of all real estate. The company may carry out any financial, commercial, industrial, movable or immovable activity, directly or indirectly related to its purpose or likely to promote its realization, conclude contracts that are intended to develop its activities or relate to them directly or indirectly, receive income in the form of interest, commission and dividends, create branches or subsidiaries in Switzerland and abroad, take participations, acquire or create identical or similar companies, participate in all companies having a direct or indirect relationship with its purpose. It may carry out these operations for its own account as well as for the account of third parties. It may grant loans and provide guarantees in favor of any person, in particular its shareholders and directors.