The company's purpose is the purchase, sale, brokerage, promotion and management of movable and immovable property, with the proviso that if immovable property were to be acquired in Switzerland, directly or indirectly, its use would be exclusively commercial. Furthermore, the company's purpose is the operation of leisure centers as well as all activities in the field of catering. The company may establish branches and subsidiaries and may participate in other companies, both in Switzerland and abroad, and, in general, carry out any activity directly or indirectly related to its purpose. The company may acquire, hold and dispose of real estate both in Switzerland and abroad. It may carry out, either on its own account or on behalf of third parties, all financial transactions as well as provide guarantees or guarantees for loans to subsidiaries or third parties.