The company's purpose is, for its own account or that of third parties, in Switzerland (limited to commercial real estate) and/or abroad; the financing, holding, purchase, sale, trade, management of real estate and personal property, of real estate or commercial companies, as well as all service activities, construction, all direct or indirect commercial activities with its purpose or likely to promote it. The Company may carry out all operations directly or indirectly related to this purpose and be directly or indirectly interested therein. It may also, for its own account or for the account of third parties, carry out all financial, commercial and personal property operations, directly or indirectly related to its purpose or likely to promote it. The Company may also grant loans or other financial services to its direct or indirect shareholders, to its direct or indirect subsidiaries as well as to third parties and provide securities of any kind on its assets including by means of pledges or transfer in trust or by means of guarantees of any kind, to guarantee the obligations of its direct or indirect shareholders, of its direct or indirect subsidiaries or of third parties. The Company may create subsidiaries and branches, in Switzerland and abroad. The Company may also make all investments, personal property or real estate, for its own account.