To invest, acquire, hold, finance, dispose of and manage, in any form whatsoever, on the one hand, shares in Swiss or foreign companies and entities and, on the other hand, real estate in Switzerland or abroad, and, more generally, to carry out any activity in the field of real estate, including the study, planning, promotion and implementation of any real estate project, in Switzerland or abroad. The company may carry out all operations directly or indirectly related to this purpose and be directly and indirectly interested therein. It may also, for its own account or for the account of third parties, carry out all financial, commercial, securities and real estate operations, directly or indirectly related to its purpose or likely to promote it. The company may furthermore provide financing, grant loans or other financial services to its direct or indirect shareholders, to its direct or indirect subsidiaries as well as to third parties and grant securities of any kind on its assets, including by way of pledges or transfers in trust or by way of guarantees of any kind, to guarantee the obligations of its direct or indirect shareholders, of its direct or indirect subsidiaries or of third parties. The company may create subsidiaries and branches, in Switzerland and abroad.
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