to acquire, hold, manage and dispose of minority or majority interests in other companies, commercial, industrial, financial or real estate companies, in Switzerland or abroad, in its own name and on its own account or on behalf of third parties, as an investment or for other reasons, as well as the placement of its funds; to carry out all activities directly or indirectly related to its purpose, to participate in all financial transactions and to carry out asset management; to handle all securities or real estate transactions, in particular the purchase and sale of all types of properties, the construction of buildings, their operation and management, as well as the realization of all real estate transactions.