Acquisition, sale, exchange, rental, construction, financing, operation, management of properties or land, primarily residential homes, participation in all financial operations and transactions aimed at developing the purpose of the company; in general, the company may create branches or subsidiaries in Switzerland and abroad, participate in other companies, acquire or establish companies with an identical or similar purpose, grant loans or guarantees to shareholders or third parties for consideration or free of charge, as well as pledge its own assets in favor of shareholders or third parties, carry out all financial, commercial, movable, immovable and other operations, both in Switzerland and abroad, and conclude all contracts aimed at developing its purpose or related thereto directly or indirectly.