any activity in the real estate sector, in particular the management, organization and monitoring of construction and conversion work, the purchase, holding and sale of properties, real estate brokerage, rental, management and promotion of real estate, advice on real estate insurance, mortgage financing, real estate investment vehicles, as well as the provision of services (in particular expert opinions) in the field of real estate. The company may establish subsidiaries or branches both in Switzerland and abroad. The company may grant loans or financing to its associates and provide securities to guarantee the obligations of said associates, in particular by creating pledges, by transferring the company's assets in trust or by issuing guarantees. The company may carry out, either on its own account or on behalf of third parties, all commercial, industrial, financial and real estate transactions, in direct or indirect relation to its purpose, in any form whatsoever.