The purchase, sale, ownership, and operation of furnished or unfurnished real estate; the rental of furnished rooms and apartments, and primarily the operation of a furnished hotel in the building it owns, Rue des Pâquis 6. The company may also grant loans or other direct or indirect financing to its direct or indirect subsidiaries, as well as to any other company within the group, including its direct or indirect shareholders and their direct or indirect subsidiaries, and may also guarantee their obligations to third parties in any way, including through pledges, assignments or transfers for security or guarantee purposes, remunerated or not, even if these guarantees and securities exclusively serve the interests of the direct or indirect shareholders or other companies within the group. Furthermore, it may operate or associate with the aforementioned companies in liquidity compensation/centralization of net liquidity (cash pooling), including periodic balance adjustments (balancing). Finally, it may act as guarantor towards creditors for debts incurred by its direct or indirect subsidiaries, as well as by any other company within the group, including its direct or indirect shareholders and their direct or indirect subsidiaries.