The purchase, sale, charter, bareboat or time, or through voyage contracts, administration, operation of commercial and pleasure vessels, as well as any activity in the field of commercial maritime navigation and ship ownership; the design, construction, consulting, financing, promotion and management of real estate, including rental and condominium properties, and any other activity related to the real estate market, including the operation of a general construction company, promotional, advertising, financial, mortgage and real estate operations, and the provision of any kind of guarantees; the assumption of representations, wholesale and retail trade, import and export of building materials in general, household appliances and accessories for interior and exterior decoration. The company may also acquire participations in companies and corporations in Switzerland and abroad, as well as manage companies and carry out all commercial, financial or other activities that are related to the company's purpose, open branches and subsidiaries in Switzerland and abroad.