all service, consulting and training activities in the field of real estate, in particular expertise, negotiation, mediation, sales, brokerage, promotion, renovation, valuation, management, acquisition, holding, management and rental of properties, construction and investment; the acquisition and disposal in Switzerland and/or abroad of financial participations of all kinds, directly or indirectly; the financing of companies in Switzerland and abroad and all commercial or financial activities converging therewith; to participate in all undertakings having a direct or indirect connection with its purpose. It may grant loans or guarantees to its associates or to third parties related to the real estate sector worldwide and finance real estate projects and properties; to establish branches or subsidiaries in Switzerland and abroad. Furthermore, it may carry out all commercial, financial, movable or immovable transactions directly or indirectly related to its purpose.