Acquisition, development, management, use and sale of real estate of all kinds. May establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, conduct all business that is directly or indirectly related to its purpose, acquire, develop, register or exploit or sell patents, trademarks, licenses and manufacturing processes and other intellectual property rights, grant loans and other direct and indirect financing, including but not limited to cash pooling liabilities, to its direct and indirect subsidiaries and third parties, including its direct and indirect shareholders, and provide security for the obligations of these parties, including by pledging or transferring assets of the company in trust, as well as by guarantees of any kind, whether paid or unpaid.