all activities in the field of real estate, in particular the purchase, sale, rental and management of any real estate, all activities in the field of hospitality, administrative management and care for short and medium-term accommodations; the acquisition of participations in companies or enterprises; the company may also carry out, either on its own account or on behalf of third parties, all financial, commercial, industrial, movable and immovable transactions, in Switzerland and abroad, directly or indirectly related to the main purpose; it may also establish branches and subsidiaries, in Switzerland and abroad.