The purchase, development, sale, rental, brokerage, management of real estate, the development and management of real estate operations. The company may, either on its own account or on behalf of third parties, carry out all financial, commercial, industrial, movable and immovable transactions in Switzerland and abroad, directly or indirectly related to the main purpose, participate in all companies having a direct or indirect relationship with its purpose, and grant loans or guarantees to subsidiaries, shareholders or third parties.