The purchase, sale, management, transformation, leasing, promotion, exploitation and enhancement of real estate properties; all operations of real estate asset management, brokerage, advice and expertise, and real estate management supervision; the execution and management of all construction, transformation and renovation works of buildings and all real estate rights; the acquisition, transfer and management of participations of any kind; the creation and sale of franchises; making any investments, notably private equity (investment capital), venture capital (risk capital) or distress debt (depreciated assets). The company may carry out, either for its own account or for the account of third parties, all financial, commercial, industrial, movable and immovable operations in Switzerland and abroad, directly or indirectly related to the main purpose. It may create subsidiaries and branches in Switzerland and abroad as well as grant loans or guarantees to partners or to third parties, if this promotes its interests. Finally, the company may provide advice and make business contributions in any field in Switzerland and abroad.