The purchase, sale, administration, management, brokerage, operation, promotion and management of real estate. With regard to the purchase, sale and promotion of real estate located in Switzerland, these will be limited to an exclusively commercial use, in accordance with the Federal Act on the Acquisition of Real Estate by Foreigners of December 16, 1983 (LFAIE). The company may, either on its own account or on behalf of third parties, carry out all financial, commercial, movable or immovable transactions directly or indirectly related to its corporate purpose and may, in any form, be interested in all similar companies. The company may also establish branches and subsidiaries in Switzerland and abroad. The company may provide direct or indirect financing, whether in the form of loans and/or any other form of financing, with or without remuneration, to third parties or to companies in which it holds direct or indirect participations, as well as to its direct or indirect shareholders and to companies in which they hold direct or indirect participations. The company may also provide any kind of security or guarantee to secure its obligations or the obligations of each of these persons, including in the form of pledges, assignments or transfers as security, guarantees of any kind or indemnification commitments, with or without remuneration. The company may provide such financing, securities or guarantees even if it is in the exclusive interest of third parties or companies in which it holds direct or indirect participations, or in the interest of its direct or indirect shareholders or companies in which they hold direct or indirect participations.