The execution of all real estate transactions, except for those prohibited by the LFAIE. The company may also engage in any other activity that has a direct or indirect connection with these objectives; it may in particular create branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with an identical or similar purpose, or merge with such companies, carry out all operations, conclude all contracts suitable for developing and expanding its purpose or relating directly or indirectly thereto, and grant loans to its shareholders or third parties, and provide guarantees or guarantees for any commitment made by its shareholders or third parties.