The company's purpose is: provision of administrative and legal services in Switzerland and abroad; all activities related to the operation of public establishments, such as restaurants, bars, hotels, and trade in all food and beverage products, including take-out sales; acquisition, holding and disposal of all real estate in Switzerland and abroad (in Switzerland excluding operations prohibited by the LFAIE); brokerage, management, administration and rental operations, in particular in the field of real estate; general construction, repair and renovation business; granting loans or guarantees to associates or third parties, if it serves its interests. The company may carry out in Switzerland and abroad, either on its own account or on behalf of third parties, all commercial, financial or real estate transactions (excluding operations prohibited by the LFAIE) directly or indirectly related to its purpose, take participations in all commercial, industrial or financial enterprises (excluding operations prohibited by the LFAIE), create branches in Switzerland and abroad. The company is authorized to take financing, restructuring and intercession measures for the benefit of associates, group companies or third parties, as well as to grant loans or guarantees to associates, group companies or third parties when it serves its interests.