Holding and developing as well as building, renting, managing and brokering of real estate and plots of land. The company may 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. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing on its own account or on behalf of third parties, as well as grant guarantees and sureties for subsidiaries and third parties.