All activities in the real estate sector, in particular the purchase, sale, investment, brokerage, promotion, operation, development, rental and management of all real estate, excluding operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE). The company may, either on its own account or on behalf of third parties, carry out all financial, commercial, industrial, real estate or movable transactions, directly or indirectly related to its purpose, establish branches abroad or subsidiaries in Switzerland and abroad, participate in all companies having a direct or indirect relationship with its purpose and grant loans or guarantees to associates or third parties, if it serves its interests.