Real estate operations and investments, such as the purchase, sale, construction, holding, rental, exchange and administration of real estate. The company may, in Switzerland and abroad, carry out all activities, including commercial, financial and investment transactions, directly or indirectly related to the company's purpose, contract mortgages, provide movable and immovable guarantees; take direct or indirect interests and participations in other companies or enterprises in the sector related to the company's purpose or in other sectors; establish branches and subsidiaries.