The acquisition, holding and sale of real estate assets as well as all management and real estate promotion operations; the company may grant loans to its shareholders or third parties, guarantee loans subscribed by shareholders or third parties and provide guarantees; the company may also carry out, both in Switzerland and abroad, for its own account or on behalf of third parties, all financial, commercial, industrial and securities transactions in direct or indirect connection with its main purpose; it may also establish branches or subsidiaries in Switzerland and abroad.