Trading in real estate, execution of constructions, renovations and restorations as well as construction management and project management. Furthermore, it can arrange financing for its own account or for third-party account, as well as provide guarantees and sureties for subsidiaries and third parties, grant loans or advances to third parties, in particular to direct or indirect shareholders and affiliated companies, and guarantee the obligations of these third parties, in particular through pledges, transfer of ownership or assignment of security or in any other way. It is authorized to acquire, manage and dispose of participations in domestic and foreign companies and to manage its own assets, can establish branches and subsidiaries abroad and participate in other companies, is authorized to acquire, encumber, sell and manage real estate in Switzerland and abroad, and can otherwise conduct all business that is suitable to promote the development of the company and the achievement of its purpose, including the acquisition of intellectual property rights, trademark protection, etc.