The company's purpose is the construction, operation, management and administration of buildings for the use of elderly and/or mobility-impaired persons, with priority given to those residing in Gimel, except for operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE). The company may: carry out, in Switzerland and abroad, any financial, commercial or industrial activity, whether movable or immovable, directly or indirectly related to its purpose, except for operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE); establish branches or subsidiaries in Switzerland and abroad; participate in all companies having a direct or indirect relationship with its purpose; grant loans or guarantees to shareholders or third parties if it serves its interests or those of the group of companies to which it belongs.
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