The holding of all real estate as well as the holding, acquisition and administration of participations in all commercial, financial, industrial, movable and immovable enterprises. The company may participate in other companies, acquire or establish companies with an identical or similar purpose, carry out all financial or commercial transactions, movable or immovable, directly or indirectly related to its purpose. The company reserves the right to undertake interventions on behalf of third parties or administrators. The company may establish branches in Switzerland and abroad.