The purchase, sale, brokerage, management and valorization of real estate (excluding operations subject to the LFAIE) for its own account or for the account of third parties, the acquisition, holding, management and realization of participations in all types of commercial, financial, industrial and real estate companies (excluding operations subject to the LFAIE). The company may carry out for its own account or for the account of third parties all financial, commercial, industrial, movable and real estate transactions (excluding operations subject to the LFAIE) in Switzerland and abroad, directly or indirectly related to the main purpose. The company may open branches and hold subsidiaries. The company may also grant loans to its shareholders and/or guarantee, secure or co-sign loans granted by third parties to its shareholders.