The operation of a general construction and renovation company and the management of building and civil engineering works, 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; the representation, import and trade of goods of all kinds. The company may establish subsidiaries and branches in Switzerland and abroad. The company may also participate in the financing of other companies in the group to which it belongs, in the general interest of the latter. The company may grant to or receive from its shareholders, its direct or indirect affiliated companies, or any third party loans, guarantees and securities. In general, the company may carry out all commercial, financial, movable or immovable transactions directly or indirectly related to its purpose and take all measures that appear appropriate to promote its purpose or that are related to it.