Any activity in the field of real estate, in particular the purchase, development, holding, rental, management and sale of properties; financing, assignment of leases for movable and immovable property, investment and acquisition of participations in all commercial, financial and industrial transactions for its own account or on behalf of third parties; construction of commercial and social housing, commercial and financial management of movable and immovable property in Switzerland and abroad; international trade, provision of services of all kinds, in particular financial and transport advice; purchase and sale of securities (cf. articles of association for complete purpose).