All activities related to the acquisition of direct and indirect participations in all companies or enterprises, in the sense of a holding company (for real estate companies, only those holding exclusively commercial properties), as well as the purchase and sale of exclusively commercial real estate, administration, management, operation, rental, construction and development of real estate, brokerage and consulting services in the field of real estate. The company may also engage in any other activity that has a direct or indirect connection with these purposes; it may in particular establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with an identical or similar purpose, or merge with such companies, carry out all operations and conclude all contracts that are suitable for developing and expanding its purpose or are directly or indirectly related to it.