All activities in the real estate sector, excluding all operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE), in particular: the management, administration, operation and development of all properties, on its own account or on behalf of third parties; the purchase, sale and brokerage of all real estate; the execution of all renovation and transformation work on properties; the exercise of all mandates related to real estate activity; the company may grant loans and provide all types of guarantees to its shareholders or third parties to the extent that they can facilitate the achievement of the company's purpose (see articles of association for full purpose)