The purchase, development, management and sale of movable and immovable property in Switzerland and abroad. In particular, it may promote any type of operation, both on its own account and in consortium, to achieve its social purpose, as well as carry out general business activities; it may also engage in real estate brokerage activities and administer movable and immovable property. If deemed necessary by the authorities, it may acquire participations in companies in Switzerland or abroad, promote interests and financial financing; it may carry out all commercial, financial, industrial and securities transactions deemed necessary or useful by the administrative body for the achievement of the social object; it may also acquire, directly or indirectly, interests and participations in other companies or enterprises with a similar or related object or connected to its own, even abroad; the company may open branches and subsidiaries in Switzerland and abroad and participate in other enterprises in Switzerland and abroad.