All activities in the field of real estate, in particular the purchase, sale, investment, promotion, operation, development, rental and management of all real estate, except for operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE). The company may carry out, either on its own account or on behalf of third parties, all financial, commercial, industrial, real estate or movable transactions, directly or indirectly related to its purpose, create branches abroad or subsidiaries in Switzerland and abroad, participate in all companies having a direct or indirect relationship with its purpose and grant loans or guarantees to shareholders or third parties, if it serves its interests.