The purchase, holding, management and administration of real estate, also through participation in companies or real estate funds, as well as more generally the performance of any other activity in the real estate sector, on its own account in Switzerland and abroad. The company may grant direct or indirect financing to controlling companies and controlled companies, and provide guarantees of any kind for obligations of the said companies towards other companies in the group or third parties, also through the pledge of company assets, the assignment of company rights as collateral through collateral assignments or through guarantees of any type, even if these guarantees or collateral are granted with or without remuneration. The company may also - in Switzerland and abroad - establish branches, participate directly or indirectly in other companies with a similar or related social purpose, as well as carry out any other commercial or financial activity directly or indirectly connected with the social purpose.