to carry out, both on its own account and on behalf of third parties, operations of representation, promotion, purchase, sale, brokerage and management of all real estate; to operate a general construction business. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may engage in all commercial, financial and other activities related to its purpose. It may grant loans or guarantees to shareholders or third parties in the interest of the company.