The acquisition, sale and management of participations in industrial and commercial enterprises in Switzerland and abroad, in particular participations in the fields of real estate, the purchase, sale, promotion, development of properties, the execution of all management and administration mandates for condominium properties, as well as all brokerage transactions in the field of real estate, the execution and direction of all construction, conversion and renovation work on properties and all real estate rights, with the exception of operations prohibited by the LFAIE. The company may: engage in any financial, commercial or industrial activity, whether movable or immovable, directly or indirectly related to its purpose; create 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; acquire and sell all real estate.