Acquisition and administration of participations in other companies in Switzerland and abroad, particularly in the real estate and leisure sectors; the company may found or finance companies related to its purpose; the company may carry out, either on its own account or on behalf of third parties, all other activities of any nature, particularly financial, commercial, industrial, movable and immovable, converging with its main purpose, with the exception of properties subject to the LFAIE, in Switzerland and abroad, directly or indirectly related to its main purpose; it may grant loans or other financing, remunerated or not, to its direct or indirect shareholders as well as to their direct or indirect subsidiaries and provide securities of any kind for the obligations of these companies, including guarantees, pledges and fiduciary assignments of the company's assets.