The ownership and operation of all properties, and more specifically the operation of commercial properties in the canton of Geneva, in particular the Balexert shopping center in Vernier; the purchase, sale, construction and rental of properties. The company may carry out any operation related to its purpose or likely to promote it. It may in particular acquire, hold or operate tangible and intangible assets. The company may participate in other companies and establish branches and subsidiaries, both in Switzerland and abroad. It may acquire, hold and dispose of real estate and, in general, carry out any activity directly or indirectly related to its purpose. The company may grant loans or guarantees to shareholders or third parties.