Purchase, sale, exchange, rental and brokerage of properties as well as provision of services in the areas of property management, maintenance and caretaking. May establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business directly or indirectly related to its purpose, acquire, encumber, sell and manage real estate, licenses, patents and other intangible assets in Switzerland and abroad, arrange financing for its own account or for third-party account, and provide guarantees and sureties for subsidiaries and third parties.