The acquisition, holding, management, and sale of shares in all commercial, industrial, financial, securities, or real estate companies, in Switzerland and abroad, with the exception of transactions prohibited by the Federal Law of December 16, 1983, on the acquisition of real estate by foreigners (LFAIE). It may also acquire, manage, develop, and dispose of real estate, directly or indirectly, as well as carry out all activities related to the real estate sector, including the development, construction, renovation, leasing, administration, and promotion of real estate, with the exception of transactions prohibited by the Federal Law of December 16, 1983, on the acquisition of real estate by foreigners (LFAIE). The company may also carry out all commercial, financial, or other operations directly or indirectly related to its purpose or likely to facilitate its realization in Switzerland and abroad. The company may have subsidiaries or create branches in Switzerland and abroad.