The Company's purpose is the acquisition, holding, letting and management of movable and/or immovable property, excluding any operation prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE). It may perform any act and exercise any activity that is directly or indirectly related to its purpose. It may establish branches and subsidiaries in Switzerland and abroad and may hold participations in other companies. It may grant loans or any other form of financing to affiliated companies or third parties, as well as provide any type of security, for the direct or indirect benefit of affiliated companies or third parties.