Management, brokerage, purchase and sale of real estate, as well as preparation of valuations and all other services in the real estate sector, planning and execution of construction and renovation projects of all kinds. May establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose, as well as acquire, encumber, sell and manage real estate in Switzerland and abroad, arrange financing for its own account or for third parties, and provide guarantees and sureties for subsidiaries and third parties.