The company's purpose is to carry out all real estate operations (purchase, sale, exchange, rental, renovation, construction, brokerage, management, etc.), in particular the exploitation of the buildings located in Fribourg, Rue du Progrès 3 and 5; it may create branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or establish companies with an identical or similar purpose, carry out all commercial, financial, industrial, movable or real estate operations and conclude all contracts intended to develop its purpose or related thereto directly or indirectly.