Acquisition, possession, management, leasing and sale of real estate in Switzerland and abroad, with the exception of transactions prohibited by the LFAIE. The company may also, either for its own account or for the account of third parties, carry out all financial, commercial, movable and immovable operations directly or indirectly related to its corporate purpose and participate, in any form, in all similar enterprises, notably by taking participations in similar enterprises. It may also establish branches and subsidiaries in Switzerland and abroad.