The company's purpose, to the exclusion of all operations prohibited by the Federal Law on the Acquisition of Real Estate by Persons Abroad, is: - the acquisition, management, holding and disposal of interests in any companies or enterprises, in Switzerland or abroad; - the investment of all financial and movable products, notably in securities, titles or any other investment; - the acquisition, administration, operation, holding and alienation of all movable and immovable property. It may also: - carry out any financial, commercial or industrial activity, movable or immovable, directly or indirectly related to its purpose; - open branches or subsidiaries in Switzerland and abroad; - participate in any enterprises having a direct or indirect relation with its purpose; - grant loans or guarantees to partners or third parties, if this promotes its interests.