The purchase, sale, holding and management of real estate; any commercial and service activity in the field of real estate, in particular the study, planning and implementation of any real estate project; the execution on its own behalf and on behalf of third parties of all mandates in the field of real estate promotion. The company may also, in Switzerland and abroad: establish branches or subsidiaries, take participations in and more generally participate in all companies and entities having a direct or indirect relationship with its purpose; carry out, either on its own behalf or on behalf of third parties, any operation directly or indirectly related to its purpose or likely to promote it; and grant loans or any other form of financing to, and provide guarantees of any kind, for the direct or indirect benefit of its shareholders, companies of the same group or third parties, in particular in the form of guarantees, pledges or securities on the company's assets.