The purchase and sale of residential or commercial real estate in Switzerland and abroad; the rental and management of real estate properties in Switzerland and abroad on its own account or also on behalf of third parties; participation in real estate companies, also with registered offices abroad. The execution and management of any activity in the tourism sector and any other related purpose, as well as the purchase and sale, repair, rental and maintenance of any type of new and used boats in Switzerland and abroad. The company may open branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may also carry out all commercial, financial or other activities that are related to its corporate purpose.