Acquisition, management, brokerage and sale of real estate. May establish branches and subsidiaries in Switzerland and abroad, and participate in other companies. Is authorized to acquire, manage and sell participations in domestic and foreign companies, and to manage its own assets, acquire, encumber, sell and manage real estate in Switzerland and abroad. May also provide financing for its own account or for third-party account, as well as 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, transfers of ownership or assignments of security or in any other way, and in general, carry out all transactions that are suitable to promote the development of the company and the achievement of its purpose, including the acquisition of intellectual property rights, protection of trademarks, etc.