The purchase, rental, construction, and resale of properties, in particular, the purchase of 'SI Assival SA' in Sion, of 1954.5 m2 of land, located in 'Orzières', Commune of Randogne, at a global price of CHF 200,000.--. Furthermore, the company's purpose is the construction of a building with apartments on the aforementioned land, the management, administration, and operation of the building; the alienation of all or part of the building by way of sale, exchange, or contribution to a company; the rental to its own shareholders or to third parties of the existing apartments and studios in the building or its dependencies; and, in general, all real estate, financial, or commercial transactions directly or indirectly related to the company's purpose (cf. statutes).