The operation, rental and management of the following properties located in the municipality of Fribourg: art. 16442 Place de Notre-Dame, administrative building, insurance no. 4, with the following dependent properties: art. PPE 23193, co-ownership share of 714/1000 of the base property, art. 16446 Place de Notre-Dame, collective garage, insurance no. 4a, four lower floors; art. PPE 23194, co-ownership share of 36/1000 of the base property, art. 16446, Place de Notre-Dame, landscape office on the third floor. Art. 16448 Chemin du Grabensaal, forest of 716 m2. The company may engage in any activity and conclude any contract that is likely to develop its purpose or has a direct or indirect connection with it. It may acquire, manage, encumber and sell other properties.