The promotion and management of real estate initiatives, in particular the purchase, sale, administration, management, encumbrance, construction, rental, valorization and brokerage of real estate in Switzerland and/or abroad, as well as participation in real estate companies and enterprises with headquarters and/or activities in Switzerland and abroad, in compliance with applicable laws. The company may also acquire, sell, administer, exploit, transfer, receive and grant the use of technologies, technical know-how, industrial patents, trademarks, licenses and intellectual property rights in general. The company may also carry out any financing activities, in particular mortgage lending, guarantees, including mortgage guarantees, sureties and guarantees also in favor of third parties, excluding however the exercise of banking and insurance activities. The company may directly or indirectly acquire interests and participations in other industrial, commercial, financial and service companies or enterprises in Switzerland or abroad, in the sector related to the company's purpose or in other sectors, and open branches and subsidiaries in Switzerland and abroad. The company may also carry out all commercial, industrial and financial operations deemed necessary or useful and functionally connected with the company's purpose, as well as open branches and subsidiaries in Switzerland and abroad.