all activities in the real estate sector, in particular the purchase, sale, investment, operation, management and rental of any real estate; as well as all related activities. The company may, in addition, carry out all financial, securities, real estate or consulting activities that may be directly or indirectly related to its main purpose or any similar purpose; create branches or subsidiaries in Switzerland and abroad; as well as participate in all companies having a direct or indirect connection with its purpose. It may grant loans or guarantees to shareholders or third parties.