The purchase, sale, holding, administration and management of shares, directly or indirectly, in any commercial, financial, securities or real estate company or enterprise, except for operations prohibited by the LFAIE; all activities in the real estate sector, including the purchase, sale, administration, leasing, management, promotion, intermediation and management of real estate, except for operations prohibited by the LFAIE. It may also, either for its own account or for the account of third parties, carry out all financial, commercial, securities or real estate operations directly or indirectly related to its corporate purpose and be interested, in any form, in all similar enterprises, notably by taking a stake in similar enterprises. The company may also establish branches and subsidiaries in Switzerland and abroad.