any activity in the real estate sector, in particular the acquisition, holding, management, transformation and marketing of real estate, except for operations prohibited by the LFAIE, as well as the acquisition of participations in all companies related thereto. It also has the purpose of any commercial and distribution activity, in particular the operation of franchises, shops, restaurants and bars. Furthermore, it may carry out, either on its own account or on behalf of third parties, all financial, commercial, movable or immovable transactions directly or indirectly related to its corporate purpose and may establish branches and subsidiaries in Switzerland and abroad.