The company's purpose is to engage in real estate and tourism activities. It may acquire, sell, build, own, rent and manage properties in Switzerland and abroad, for itself or for third parties. It may purchase and sell all services and products related to these activities. It may operate hotel and tourism businesses, for travel and stays, in Switzerland and abroad, for itself or for third parties, acquire, own, sell all properties, products and services related to this activity. It may take participations in similar companies in Switzerland and abroad.