Purchase, holding and sale of real estate, excluding all transactions that require a permit under the Federal Act on the Acquisition of Real Estate by Persons Abroad. Provision of services related to the administration and brokerage of real estate. Planning and implementation of transfers of all kinds, both as a partner, general planner, general and total contractor. Provision of real estate services of all kinds, in particular appraisals, valuations, renovations and refurbishments. Trade in goods of all kinds. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or merge with similar or related companies, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it. It may acquire, manage, encumber and dispose of properties, intellectual property rights and licenses of all kinds.