All operations in the real estate sector, in particular property management, expertise, brokerage and promotion of real estate. The company may also acquire, sell, construct, renovate and rent real estate. Furthermore, it may operate a fiduciary and consulting office. It may also grant franchises to third parties and manage these franchises. The company may conduct its activities both in Switzerland and abroad, on its own account or on behalf of third parties. It may acquire, manufacture, rent or sublet, operate and sell all buildings, patents, establishments, machines and equipment that it deems necessary or useful for achieving its corporate purpose and carry out all related activities that may promote the corporate purpose. It may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with an identical or similar purpose or take an interest, by way of contribution, merger, subscription, financial intervention or any other means, in all companies, associations or enterprises that have a similar or related purpose or that may directly or indirectly promote the expansion and development of its purpose. The company may be a debtor of loans or grant financing to any company or individual in the form of loans or any other form, including by way of mortgage, or act as guarantor in their favor.