The company's purpose is the acquisition, administration, management and disposal, both on its own account and on behalf of third parties, of real estate as well as the holding and acquisition of participations in all mobile and immovable companies in Switzerland and abroad, with the exception of operations prohibited by the LFAIE. The company also has the purpose of operating public establishments. The company may also carry out, on its own account, on behalf of third parties and as an intermediary, all commercial, financial and other activities directly or indirectly related to its corporate purpose (with the exception of operations prohibited by the LFAIE) and abroad. The company may establish branches and subsidiaries in Switzerland and abroad. It may grant loans or guarantees to shareholders, members of the board of directors or third parties, in the interest of the company.