The operation of a business in the field of real estate development, assistance to project owners, project studies, implementation of urban projects, marketing, promotion and execution of all related mandates, general planning, land development, transformation, renovation and construction of all kinds in Switzerland and abroad, administration of participations and investments in all companies and enterprises of the same branch, with the holding of commercial properties as the case may be. The company may also carry out, either on its own account or on behalf of third parties, all commercial, movable and financial operations, in direct or indirect relation to its purpose, in any form whatsoever, in particular in the form of participations. The company may open branches in Switzerland and abroad and establish or acquire any enterprise pursuing an analogous or complementary purpose. The company may grant loans or guarantees to its associates or to third parties.