The holding, acquisition, sale and administration of real estate, both in Switzerland and abroad, particularly intended for business establishments and in compliance with LAFE obligations, and participation in companies with similar purposes. The company may acquire participations and open branches and subsidiaries, both in Switzerland and abroad, and carry out all commercial and financial operations deemed necessary or useful and functionally connected to achieve the company's purpose. The company may assume and grant agencies, commissions, representations and mandates, as well as carry out all commercial, financial, movable and immovable operations necessary or useful for achieving the company's purposes. The company may also assume interests and participations in other companies or enterprises of any nature with analogous, related or connected objects, issue guarantees or other securities in general. Furthermore, the company may open branches and subsidiaries in Switzerland and abroad.