operation of an architectural office and exercise of all related activities in the furniture and real estate sector, particularly the study, construction, purchase, development (in property or superficies) and sale of all real estate, as well as the development of eco-responsible real estate projects, excluding operations prohibited by the Federal Law on the Acquisition of Real Estate by Foreigners (LFAIE); the company may in general exercise all activities and carry out all commercial and financial, movable and immovable operations, excluding operations prohibited by the Federal Law on the Acquisition of Real Estate by Foreigners (LFAIE), in direct or indirect relation to its purpose or apt to favor it, as well as take participations in all commercial companies having a direct or indirect relation to its purpose; the company may establish branches and create subsidiaries, both in Switzerland and abroad; the company may grant loans or guarantees to associates or third parties, if it favors its interests