Management, acquisition and disposal of real estate, as well as all other activities that fall within the broad scope of a real estate company; may establish branch offices, participate in other companies, take out loans and credits for itself, its affiliated companies, shareholders and third parties, grant loans and credits to its affiliated companies, shareholders and third parties, act as guarantor for loans and credits from its affiliated companies, shareholders or third parties, or provide other guarantees or securities of any kind, in particular through pledge, fiduciary transfer or provision of other securities, and assume exchange liabilities, as well as engage in and assume any other form of short-term, medium-term or long-term investments, borrowings, financings and financial transactions for its own account or for the account of third parties.