1 The company's purpose is to engage in all activities in the field of real estate, including in particular the purchase, sale, promotion, construction, renovation, management, administration, appraisal and brokerage of properties. The company may carry out all operations, including financial operations, related to these activities, as well as all operations that may favor the purpose and interest of the company. 2 The company may grant loans to its members or to third parties, provide guarantees or guarantees for any commitment made by its members or third parties. 3 It may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with similar purposes, merge with such companies and conclude all contracts that may develop or achieve its purpose or relate directly or indirectly thereto.