The purchase and sale of real estate; any participation in real estate or commercial companies; any commercial and service activities, including analysis, evaluation, planning, auditing, brokerage, construction, rental and management of real estate; the realization of or participation in any real estate project, as well as the execution on its own behalf and on behalf of third parties of all mandates for promotion in the real estate sector; operations subject to the authorization regime under the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE) are reserved; the company may also, in Switzerland and abroad, establish branches or subsidiaries, take participations in and more generally participate in all companies and entities having a direct or indirect connection with its purpose, carry out, either on its own behalf or on behalf of third parties, any operation directly or indirectly related to its purpose or likely to promote it, grant loans or any other form of financing to, and provide guarantees of any kind, for the direct or indirect benefit of its shareholders, companies of the same group or third parties, in particular in the form of guarantees, pledges or securities on the company's assets.
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