The acquisition and management, direct or indirect, of participations in other companies, Swiss or foreign, the financing of groups of companies as well as placement and investment activities. With regard to the acquisition of participations in other real estate companies in Switzerland, the financing of groups of real estate companies in Switzerland and placement and investment activities in Switzerland, these will be carried out with an exclusively commercial allocation. It may carry out, either on its own account or on behalf of third parties, all financial, commercial, securities or real estate transactions directly or indirectly related to its corporate purpose and may be interested, in any form, in all similar enterprises. The company may also establish branches and subsidiaries in Switzerland and abroad.