The purchase, sale, construction and management of movable and immovable property. The company may conclude all movable, immovable and commercial transactions related or unrelated to its purpose. It may establish branches or subsidiaries in Switzerland and abroad. It may conclude all transactions, take all participations in companies with a similar or similar purpose, enter into all contracts suitable for developing its purpose or related thereto. It may also, to the extent necessary for its needs, acquire all properties, sell them, conclude all loan agreements, establish all guarantees in favor of its shareholders.