The purpose of the company is: operating a real estate company, promotion, renovation, management, purchase and sale in the field of real estate, taking participations in other real estate companies; except for operations prohibited by the LFAIE. The company may also: carry out all commercial, financial, movable or immovable transactions, the latter to the extent that they are not subject to the Federal Law on the Acquisition of Real Estate by Foreigners of December 16, 1983 (LFAIE); take participations in other companies; in general, carry out all operations having a direct or indirect connection with the company's purpose in Switzerland and abroad.