Acquisition, sale, rental and leasing, letting and subletting, brokerage, management and development of real estate as well as all services related to real estate. The company may establish branches in Switzerland and abroad, participate in other companies, acquire or establish them and conduct all commercial, financial or other business that is directly or indirectly related to the company's purpose. In particular, it may grant loans or other financing to its direct or indirect parent companies and their direct or indirect subsidiaries, for consideration or free of charge, and provide security of any kind for the liabilities of such group companies, including guarantees, pledges and fiduciary transfers of the company's assets.