The company's purpose is the acquisition, sale, construction, management, administration and rental of real estate; the management of public establishments, as well as the marketing of equipment and furnishings for the catering and hotel industry. The company may also encumber, restructure, enhance, intermediate real estate in Switzerland and abroad, as well as participate in real estate companies and enterprises with headquarters and/or activities in Switzerland and abroad, in compliance with the applicable regulations. In connection with these areas, the company may also perform maintenance and cleaning activities for real estate, as well as provide any other useful or necessary services for the management/administration of real estate. The company may acquire, on its own account and not in a fiduciary capacity, interests and participations in other industrial, commercial, financial and service companies or enterprises in Switzerland or abroad, in the sector related to the company's purpose or in other sectors. Finally, the company may carry out all commercial, industrial and financial operations deemed necessary or useful and functionally connected with the company's purpose or aimed at achieving it, and open branches and subsidiaries in Switzerland and abroad.