The company's purpose is the acquisition, holding, administration, management and sale of all direct or indirect participations, in the sense of a holding company, with the specification that it may only hold, in Switzerland, on a real estate plan, participations in commercial real estate companies with exclusively commercial use. The company also operates public establishments and other businesses. Furthermore, it may carry out, either on its own account or on behalf of third parties, all financial, commercial, movable or immovable transactions directly or indirectly related to its corporate purpose and may be interested, in any form, in all similar businesses, in particular by taking participations in similar businesses. The company may also establish branches and subsidiaries in Switzerland and abroad.