The company's purpose is: the purchase, sale, holding and management of all real estate in Switzerland and abroad, in particular in France (in Switzerland, except for operations prohibited by the LFAIE). The company may carry out in Switzerland and abroad, either on its own account or on behalf of third parties, all financial, commercial or industrial operations, movable or immovable (in Switzerland, except for operations prohibited by the LFAIE), directly or indirectly related to its purpose, take participations in all commercial, industrial or financial companies (in Switzerland, except for operations prohibited by the LFAIE), create branches or subsidiaries in Switzerland and abroad. The company is authorized to take financing, restructuring and intercession measures for the benefit of shareholders, group companies or third parties, as well as to grant loans or guarantees to shareholders, group companies or third parties when it serves its interests.