However, the holding of participations in other companies in the sense of a holding company, with participations in real estate companies exclusively for commercial use in Switzerland. The company may, either on its own account or on behalf of third parties, carry out all commercial, movable and financial transactions, in direct or indirect relation to its purpose, in any form whatsoever, in particular in the form of participations. The company may open branches in Switzerland and abroad, found or acquire any company pursuing an analogous or complementary purpose. The company may grant loans or guarantees to its members or to third parties.