Acquisition, management, rental and sale as well as holding of real estate in Switzerland and abroad; can finance activities related to real estate. The company can establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, trade in goods of all kinds, provide financing for its own account or for the account of third parties, enter into guarantees and sureties for subsidiaries and third parties, grant loans or other financing to its direct or indirect shareholders as well as their direct or indirect subsidiaries, for consideration or free of charge, and provide security of any kind for the liabilities of such other companies, including by way of pledges on or fiduciary agreements of the company's assets or by way of guarantees of any kind.