development and marketing of real estate, as well as purchase, sale, brokerage and management of properties; management of hotel establishments, tourism, import-export of products related to hospitality and tourism; the company may also contract any loan from banking institutions for the acquisition and development of properties; it may also create branches in Switzerland and abroad, take participations, found or finance companies having a direct or indirect connection with its purpose; it may grant guarantees, grant loans or advances to shareholders or third parties