purchase, sale, exploitation and rental of properties and land as well as construction, renovation and refurbishment of properties and all related operations, excluding operations prohibited by the LFAIE; in general, the company may establish branches or subsidiaries in Switzerland and abroad, participate in other companies, acquire or establish companies with an identical or similar purpose, grant loans or guarantees to shareholders or third parties, carry out all financial, commercial, movable and immovable transactions in Switzerland and abroad, and conclude all contracts that serve to develop its purpose or are directly or indirectly related to it.