In the sense of a holding company, the acquisition, purchase, sale, administration and management of participations in all companies or commercial, financial or real estate enterprises, directly or indirectly, in Switzerland and abroad; with regard to participations in companies holding real estate located in Switzerland, these must have an exclusively commercial use; all services in the real estate sector, in particular brokerage, management and administration of real estate, real estate development and promotion; with regard to transactions related to the purchase of real estate in Switzerland, these will be limited to real estate with an exclusively commercial use; all service provision and consulting activities; financial intermediation, corporate consulting, particularly in the fields of finance, management and investments.