The company's purpose is to engage in all activities related to real estate in Switzerland or abroad, including the purchase, sale, rental, promotion, construction, renovation, transformation, management or brokerage of real estate. It may carry out all operations related to this activity as well as all operations that may favor the purpose and interest of the company. It may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with similar purposes, merge with such companies and conclude all contracts that may develop or achieve its purpose or relate directly or indirectly thereto. It may grant loans or guarantees to shareholders or third parties.