Acquisition, rental, management, development, exploitation and sale of real estate and land of all kinds, as well as provision of services in the fields of construction, construction management, architecture, building maintenance and execution of mandates as general planner or total contractor. May acquire, hold, exploit and sell licenses, patents, trademarks and other intellectual property rights, establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, conduct all business that is directly or indirectly related to its purpose, acquire, encumber, sell and manage real estate in Switzerland and abroad, arrange financing for its own account or for the account of third parties, and grant guarantees and warranties for subsidiaries and third parties.