Acquisition, sale, creation, financing, rental and management of real estate in Switzerland and abroad, operation of a construction management office providing comprehensive services in the fields of owner consulting, cost planning and overall and project management, operation of a car garage, trade in vehicles, spare parts and corresponding accessories. May establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business directly or indirectly related to its purpose, acquire, encumber, sell and manage real estate in Switzerland and abroad, also arrange financing for its own account or for third-party account and grant guarantees and sureties for subsidiaries and third parties.