The realization and financing of real estate promotions in Switzerland and abroad, as well as the purchase, construction, sale, development, operation, rental and management of all real estate properties in Switzerland and abroad. The company may also, in Switzerland and abroad: establish subsidiaries and branches, acquire participations and, more generally, participate in all companies and entities having a direct or indirect connection with its purpose; carry out, on its own account or on behalf of third parties, all operations directly or indirectly related to its purpose or likely to promote it; and grant loans or guarantees to affiliated companies, shareholders or third parties.