Purchase and sale as well as management of real estate; management of mortgages, planning, development and execution of construction projects; can acquire, manage, encumber and sell securities, valuables and goods for its own account or for the account of third parties; can also engage in trade with values and goods of all kinds; can participate in other companies or take over representations; can provide financing for its own account and for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties. The company can establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. It can acquire, develop, manage and exploit patents, trademarks, licenses, manufacturing processes and intellectual property rights.