Acquisition, use, management and disposal of undeveloped and developed properties. May establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it, furthermore carry out financing for its own account or for the account of third parties, grant guarantees and sureties for subsidiaries and third parties, and perform all commercial, financial and other activities that are related to the purpose of the company.