Acquisition, rental and sale of properties and plots of land, development of plots of land, construction, renovation and renewal of residential and commercial buildings, property management as well as financing and encumbrance of properties and plots of land, the acquisition, management and sale of participations of all kinds in Switzerland and abroad, as well as all activities directly or indirectly related to this purpose. The company can 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. The company can acquire, encumber, sell and manage real estate in Switzerland and abroad. It can also provide financing for its own account or for third-party account, as well as provide guarantees and sureties for subsidiaries and third parties.