The company's purpose is the acquisition, sale and promotion of real estate as well as all related activities, in particular the construction and sale of buildings, real estate management, administration of pension funds, rental and brokerage of real estate. The company may also carry out all commercial, financial, movable and immovable transactions, the latter to the extent that they are not subject to the Federal Act 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.