The company's purpose is the management, administration and operation of the building located on the base parcel No. 604 - Plan No. 13 - Combattion - "Le Florissant" located in the Commune of Lens, the alienation of all or part of this building, the rental to its own shareholders or to third parties of apartments and shops existing in the said building or its dependencies, and all real estate, financial or commercial operations related thereto. The Company may also, in Switzerland and abroad, create branches or subsidiaries, take participations in, and more generally participate in, all companies and entities having a direct or indirect relationship with its purpose; carry out, either on its own account or on behalf of third parties, all financial, commercial, movable or immovable operations (excluding operations subject to the authorization regime under the Federal Law on the Acquisition of Real Estate by Foreigners (LFAIE)) directly or indirectly related to its purpose or likely to promote it, in particular, when permitted by law, acquire, manage, operate and sell real estate; grant loans or any other form of financing to, and provide guarantees of any kind, for the direct or indirect benefit of its shareholders, companies of the same group or third parties, in particular in the form of guarantees, pledges or securities on the Company's assets.