All activities related to the financing of residential and commercial real estate abroad and commercial real estate exclusively in Switzerland; with regard to the financing of commercial real estate in Switzerland, this will be limited to an exclusively commercial use, in accordance with the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE); the company may carry out, either on its own account or on behalf of third parties, all financial, commercial, movable or real estate transactions directly or indirectly related to its corporate purpose and may be interested, in any form, in all similar companies; the company may establish branches and subsidiaries in Switzerland and abroad.