The purchase, development, renovation, sale, ownership, rental, management, construction and operation of all properties and real estate, as well as real estate promotion. The company may, in addition, grant and/or guarantee advances to its shareholders or third parties. The company may also carry out financing for its own account or for the account of third parties, as well as contract guarantees for subsidiaries and third parties. The company may also participate in other companies and establish branches and subsidiaries, both in Switzerland and abroad. It may acquire, hold and dispose of real estate and, in general, carry out any activity or transaction directly or indirectly related to its purpose. In general, the company may carry out all commercial, financial, movable or real estate transactions directly or indirectly related to its purpose.