Purchase, sale, construction, renovation, management, and brokerage of all types of real estate. The company may undertake all mobile and real estate operations and conclude all contracts that are of a nature to develop its purpose or directly or indirectly related thereto; exercise any financial, commercial or industrial activity directly or indirectly related to its purpose; create branches or subsidiaries in Switzerland and abroad; participate in all enterprises having a direct or indirect relation to its purpose; grant loans or guarantees to partners or third parties, if this promotes its interests.