Acquisition for resale of real estate, business assets (fonds de commerce), shares or interests in real estate companies or subscription for resale of shares or interests issued by the same companies; Intermediary transactions for the purchase, subscription or sale of the assets listed in 1; Acquisition of real estate for development with one or more buildings for resale, in whole or in individual units; Sale of real estate divided into lots intended for development, if these properties were acquired for this purpose. Rental of commercial premises, in particular for tourism or industry, with furniture or equipment necessary for operation, regardless of whether the rental extends to intangible assets of the business assets (fonds de commerce) or industry in whole or in part; Accommodation, receptions, seminars, catering, hotel business, rental of holiday homes or furnished holiday apartments and, in general, any activities in the tourism or leisure sector, as well as all resulting corporate consulting and training activities. All other activities related to real estate, which generally consist of the acquisition, sale, construction, renovation, operation, rental, management and development of properties. All agricultural activities, in particular forestry; all activities aimed at asset management, in particular the management of a securities portfolio. All financial, commercial and industrial transactions with movable and immovable assets that are directly or indirectly related to one of the above-mentioned company objects or the company's assets. All activities are carried out in Switzerland and abroad, directly or indirectly, on own account or on behalf of third parties, either alone or jointly with third parties, in the course of establishing branches or new companies, through contributions, as a general partner, through subscription or acquisition of securities or business shares, through merger, consolidation or as a silent partnership or through lending or management of assets, rights or otherwise.