All real estate transactions, namely acquisition, holding, administration, rental, brokerage, management and sale of real estate, excluding operations prohibited by the 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 enterprises having a direct or indirect relationship with its purpose and grant loans or guarantees to associates or third parties if it serves its interests.