Acquisition, sale, holding and management of real estate; planning of real estate projects, and to this end provision of all related advice, expertise or services; construction, renovation and transformation related to real estate projects; all real estate promotions and financial planning; the company may issue or receive loans and carry out any financial or commercial operation related to its purpose or apt to favor it; it may also create branches in Switzerland and abroad, take participations, found or finance companies having a direct or indirect relationship with its purpose.