Provision of services in the real estate sector, in particular the acquisition, construction, development, management, exploitation and sale of real estate and properties on its own account and on behalf of third parties, as well as other services in the field of real estate, including consulting natural and legal persons on strategic and operational issues, provision of services in this context in Switzerland and abroad, and trading in goods of all kinds; may establish branches and subsidiaries, participate in other companies, acquire, manage and trade intellectual property rights, acquire, encumber, sell and manage real estate, arrange financing for its own account or for third parties, and grant guarantees and warranties for subsidiaries and third parties.