The promotion, purchase, sale and rental of real estate, as well as property management, and all mobile, real estate, industrial and commercial operations related thereto, directly or indirectly; the company may perform any operation related to its purpose, in particular acquire real estate; it may also exercise any financial, commercial or industrial activity, mobile or real estate, convergent; it may grant loans or guarantees to associates or third parties if it favors the interests of the company; it may create branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with an identical or analogous purpose, or merge with such companies, carry out all operations and conclude all contracts intended to develop and expand its purpose or related thereto, directly or indirectly.