To carry out all activities of a real estate nature (purchase, sale, rental, property development, etc.) that do not require special authorization; to carry out, both on its own account and on behalf of third parties, any financial, commercial, industrial, securities or real estate transaction, except those prohibited by the LAFE, which is directly or indirectly related to its social purpose; to acquire, hold and dispose of real estate, participations in other companies, licenses, trademarks, patents and any other type of intangible assets, in any field and sector; to grant or request loans to its shareholders, controlled companies or third parties related to it and to carry out any commercial, financial or other transaction directly or indirectly necessary or useful for the pursuit of its purpose. The company may establish branches or subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or merge with companies with a similar purpose and carry out all operations and conclude all contracts aimed at developing and expanding its purpose or directly or indirectly related to it.