Acquisition, creation, holding, brokerage and sale of properties and real estate as well as participations, consulting services of all kinds in the real estate sector and the management of real estate. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire, encumber, sell and manage real estate in Switzerland and abroad, arrange financing for its own account or for the account of third parties, and grant guarantees and sureties for subsidiaries and third parties.