The company's purpose, in the sense of a holding company, is the acquisition, holding, management and participation in all commercial, financial, movable, industrial, real estate or other companies in Switzerland or abroad, in compliance with the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE), through the acquisition of shares, bonds, participations, holding of claims or any other suitable form, acquisition of patents and trademarks. It also aims to acquire real estate and to rent and sell such properties. It may carry out all operations that are directly or indirectly related to its main purpose. The company may grant loans to its associates or third parties, guarantee loans subscribed by its associates or third parties, secure these loans by issuing or pledging mortgage securities or by subscribing to any other financial commitment, pledge its assets to secure any claim. The company may carry out any commercial and financial activity, investment or other activity directly or indirectly related to its purpose or intended to achieve it. It may carry out these operations on its own behalf or on behalf of third parties, as a representative or agent, or have them executed on its behalf by third parties. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad.