The company's purpose is to acquire and manage participations in companies in France, which are directly or indirectly involved in the acquisition, holding, development, management and financing of real estate. The company may establish branches and subsidiaries in France and participate in other companies. The company may provide services to related companies, grant loans to related companies and enter into guarantees and sureties for related companies. The company may acquire, hold, encumber, sell and manage properties in France. Furthermore, it may conduct all business that is suitable to promote the development of the company and the achievement of the company's purpose, directly or indirectly.