The creation, brokerage, acquisition, holding, rental, management, renovation and sale of real estate in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad, participate in, acquire or merge with other companies, arrange financing for its own account or for third-party account, and provide guarantees and sureties for subsidiaries and third parties, acquire, encumber, manage or sell real estate and licenses in Switzerland and abroad, and acquire, exploit or sell patents, trademarks, design rights, copyrights and other intellectual property rights in any form.