Acquisition, management, rental, leasing and financing as well as sale of real estate and land of all kinds in Switzerland and abroad (excluding transactions subject to the Federal Act on the Acquisition of Real Estate by Foreigners) and all related services. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies or merge with them, grant licenses in the franchise system, and conduct business with or for the benefit of related parties, in particular its shareholders and other group companies, without adequate consideration, including granting loans to these persons or providing guarantees, sureties, mortgages or other securities to secure their liabilities, and conduct all business, enter into obligations and conclude contracts that are suitable to promote the company's purpose and development or are directly or indirectly related thereto.
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