Acquisition, sale, holding, management, rental and brokerage of real estate as well as all activities directly or indirectly related thereto; may establish branches and subsidiaries, participate in other companies, acquire or establish similar or related companies, acquire, encumber, manage and sell its own and/or third-party assets, in particular intellectual property rights and securities, provide financing for its own account or for third-party account, and grant guarantees and sureties for subsidiaries and third parties.