Activity in the real estate sector, namely promotion, construction, renovation, purchase, sale, brokerage, rental, property management, excluding all operations prohibited by the LFAIE; in general, the company may also carry out all operations that relate directly or indirectly to its corporate purpose and promote its development, including the acquisition of interests in other companies; it may create branches in Switzerland and abroad or establish companies with an identical or similar purpose, carry out all mobile, real estate and financial transactions and conclude all contracts directly or indirectly related to the corporate purpose or likely to contribute to its development; it may also grant loans or guarantees to shareholders or third parties if it serves its interests.