The purchase, sale, management, administration and rental of real estate exclusively for its own account. The management, acquisition and sale of public establishments, related inventories and infrastructure. The establishment of branches and subsidiaries, as well as participation in companies with similar purposes, both in Switzerland and abroad. The performance of any financial and commercial operation necessary or useful for achieving the company's purpose and any other activity directly or indirectly connected with the company's purpose, however not in relation to the public or for the benefit of third parties.