operation of a general business, all activities in the real estate sector, except for operations prohibited by the LFAIE, in particular related to the study, planning, promotion, management and realization of constructions and all related services; acquisition, holding, management, financing and disposal of real estate, except for operations prohibited by the LFAIE. The company may carry out, either on its own account or on behalf of third parties, all financial, commercial, industrial, movable and real estate transactions (except for operations prohibited by the LFAIE), in Switzerland and abroad, directly or indirectly related to the main purpose. It may also establish branches and subsidiaries in Switzerland and abroad. The company may also grant loans to its shareholders and/or guarantee, secure or co-sign loans granted by third parties to its shareholders.