The purchase, sale, construction, enhancement, exploitation, leasing, development, improvement, renovation, transformation, development, brokerage, promotion and management of all real estate, as well as the development of all real estate projects, in Switzerland and abroad. The company may: carry out all financial, commercial, industrial, movable and immovable operations, in Switzerland and abroad that are directly or indirectly related to its corporate purpose and that promote or facilitate its development; participate in any company or business that has a direct or indirect relationship with its purpose; grant loans or guarantees to subsidiaries, shareholders or third parties.