Direct and indirect acquisition, holding, management, administration, rental and sale of real estate, plots of land and properties of all kinds, execution of all related commercial and financial transactions, provision of expert opinions and consulting services in all real estate matters, in particular also as civil engineers, architects, construction managers, etc., as well as participation in companies active in the real estate sector; may establish branches and subsidiaries, participate in other companies, acquire, encumber, sell and manage real estate, arrange financing for its own account or for third parties, and grant guarantees and sureties for subsidiaries and third parties.