The purchase, sale, rental and administration of real estate; in particular the management of the property part. number 1960, Ass. Inc. 21 G of St. Moritz/Brattas the granting of mortgages on the same, the rental of apartments to shareholders, the transformation of said property into a condominium, with the allocation to shareholders of corresponding real estate units based on the number of shares held, all in compliance with applicable laws; finally, any other real estate, financial and commercial operation directly and indirectly related to the company's purpose.