The purpose of the company is the acquisition, administration and disposal, both on its own account and on behalf of third parties, of real estate, the operation of public establishments, restaurants and hotels, the execution of all fiduciary mandates in accounting and services in the field of business management and administration. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may carry out all commercial, financial and other activities directly or indirectly related to its purpose, on its own account, on behalf of third parties and as an intermediary. It may grant loans or guarantees to shareholders or third parties in the interest of the company.