The purchase, sale, construction, management, promotion, administration, and brokerage of all real estate. The company may also carry out, either for its own account or for the account of third parties, all commercial, movable, and financial operations, directly or indirectly related to its purpose, in any form, including through participation. The company may open permanent establishments, branches, and subsidiaries both in Switzerland and abroad. Furthermore, it may found or acquire any enterprise pursuing a similar or complementary purpose. The company may grant loans or any guarantees to its shareholders or to third parties, guarantee loans subscribed by shareholders or third parties, secure such loans by the issuance or pledging of mortgage or other securities, as well as enter into any other financial commitment.