The operation of a general construction and building management company, as well as all activities in the field of real estate, in particular related to the study, planning, promotion, development, management and realization of constructions of all kinds, the provision of all services in this field, as well as the acquisition, holding, management, financing and disposal of real estate, exclusively for commercial use; the company may establish branches or subsidiaries in Switzerland and abroad, participate in all companies having a direct or indirect relationship with its purpose and grant loans or guarantees to associates or third parties, if it serves its interests.