To engage in activities in the real estate sector, namely the purchase, sale and management of real estate, as well as all activities related to real estate promotion and investments in the real estate sector. The company may itself carry out all operations of a real estate promotion, or it may participate in the promotion of a third party or invest in third-party projects. The company may also carry out, either on its own account or on behalf of third parties, all commercial, movable, real estate and financial transactions, 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, found or acquire any company pursuing an analogous or complementary purpose. The company may grant loans or guarantees to its members or to third parties.