management of all real estate matters, purchase, sale, transformation, renovation of all real estate for the account of third parties or its own account, excluding all real estate transactions prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE), as well as all operations related to this field of activity, promotion and construction of buildings, as well as all real estate consulting, management, brokerage in the field of real estate; the company may create branches in Switzerland and abroad; it may assume participations in all companies in Switzerland and abroad, acquire or establish companies with an identical or analogous purpose, carry out all movable or immovable transactions, and conclude all contracts suitable for developing its purpose or related thereto directly or indirectly; the company may also grant loans to its shareholders and third parties, guarantee loans subscribed by shareholders or third parties, secure these loans by issuing or pledging mortgage securities or by subscribing to any other financial commitment
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