The purpose of the company is: acquisition, holding and disposal of all real estate in Switzerland, mainly in Sarine and abroad (in Switzerland, except for operations prohibited by the LFAIE); brokerage, management, administration and rental operations, in particular in the field of real estate; acquisition, administration, management, holding and sale of participations of any kind in commercial, financial, industrial or other companies in Switzerland (except for operations prohibited by the LFAIE) and abroad. The company may carry out in Switzerland and abroad, either on its own account or on behalf of third parties, all commercial, financial or real estate transactions (in Switzerland, except for operations prohibited by the LFAIE), directly or indirectly related to its purpose, create branches in Switzerland and abroad. The company is authorized to take financing, restructuring and intercession measures for the benefit of associates, group companies or third parties, as well as to grant loans or guarantees to associates, group companies or third parties, when it serves its interests.