Acquisition, rental and resale of all properties, particularly the construction of rental buildings and their dependencies on land owned by the company, located in the city and municipality of Geneva, Eaux-Vives district, avenue Eugène-Pittard 13, forming parcel 2224, sheet 38, with a surface area of thirty-two ares, seventy-seven meters, with buildings nos G 459 and G 460; management, administration and operation of said properties; alienation of all or part of these properties by way of sales, exchanges or contributions to a company; rental to its own shareholders of the apartments and garages existing in said properties or their dependencies.