The company's purpose is to operate public establishments and to carry out all commercial and real estate transactions related to this purpose, excluding activities prohibited by the LFAIE. It may establish 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 intended to develop and expand its purpose or related thereto directly or indirectly, including acquiring and selling real estate, excluding activities prohibited by the LFAIE.