The purchase, sale, brokerage, development, promotion, construction of real estate and land of all kinds both in Switzerland and abroad, the rental and exploitation in any form and manner, as well as the related administration and management, their financing and the acquisition of participations in other companies both in Switzerland and abroad. The company may issue guarantees in favor of third parties. To this end, the company may carry out any financial, investment and guarantee operations, as well as transactions connected with the company's purpose.