The acquisition, holding and management of participations in all forms in all commercial, industrial, financial and real estate companies in Switzerland and abroad, for real estate participations in Switzerland, excluding any operation subject to the Federal Law on the Acquisition of Real Estate by Foreigners. And generally, on its own account, all operations directly or indirectly related to the main purpose. The company does not carry out any activity in Switzerland other than that necessary for its administration. The company may also grant loans to its shareholders or third parties, guarantee loans subscribed by its shareholders or third parties, secure these loans by issuing or pledging mortgage securities or by subscribing to any other financial commitment, and pledge its assets to secure any claim.