Exploitation of properties in Switzerland, also enabling the purchase, sale, construction and allocation of any property for the benefit of its associates or third parties, within the limits authorized by the LFAIE. The company may carry out all operations that would be in direct or indirect relation to its main purpose. It may create branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with an identical or similar purpose, or merge with such companies, carry out all operations and conclude all contracts suitable for developing and expanding its purpose or relating directly or indirectly thereto.