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, the operation of public establishments, the holding and acquisition of participations in all movable and immovable property companies (in Switzerland, except for operations prohibited by the LFAIE). The company may also carry out, on its own account, on behalf of third parties and as an intermediary, all commercial, financial, movable and immovable property activities and others directly or indirectly related to its corporate purpose in Switzerland and abroad (in Switzerland, except for operations prohibited by the LFAIE) as well as the purchase, sale and trade of products of all kinds. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies 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.