In Switzerland and abroad, any construction operation, in particular the construction of real estate and more generally the execution of construction contracts for any building, regardless of its characteristics, both for private individuals and for public entities; the company may also carry out any construction design activity; the company may also perform any operation directly or indirectly related to its purpose or likely to contribute to its realization: acquisition, holding, management and sale of securities and real estate (in Switzerland, with regard to real estate acquisition, exclusively commercial buildings), granting of guarantees or loans to shareholders or third parties.