Acquisition, holding, sale, brokerage and management of real estate and land, participations and consulting services in the real estate sector, as well as the construction of new buildings, general renovations and conversions. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as guarantees and sureties for subsidiaries and third parties.