All consulting operations or services in the real estate or hotel sectors, asset management, provision of administrators. To achieve this purpose, it may carry out, either on its own account or on behalf of third parties, all financial, industrial, commercial, movable or immovable operations directly or indirectly related to its purpose, or likely to facilitate its realization and expansion. The Company may also, in Switzerland or abroad: engage in the active management, in its own name and on its own account, of its available liquidity by trading in movable goods, financial instruments such as bonds and similar instruments, currencies, derivatives and structured products, precious metals, shares of investment funds and participations in all companies; create subsidiaries and branches, and more generally, participate in all enterprises and entities having a direct or indirect relationship with its purpose; carry out, either on its own account or on behalf of third parties, all operations directly or indirectly related to its purpose or likely to promote it; grant loans or guarantees to shareholders, affiliated companies or third parties.