The company's purpose is the purchase, construction, sale, rental, operation and general development of all properties both in Switzerland and abroad, with the exception of operations prohibited by the LFAIE, renovation, transformation, maintenance of apartments, purchase and sale, maintenance and repair service of electronic and household appliances, management and administration service, as well as all services related to nautical activities. The company may also: - establish branches in Switzerland and abroad and grant loans to its shareholders or third parties if it serves its interests. - take participations in all companies, acquire or create such companies, carry out all financial, commercial or industrial, movable or immovable operations that have a direct or indirect connection with its purpose.