The purchase, sale and leasing of real estate; the construction of real estate for sale or leasing; the promotion, management and development of real estate projects; the management and administration of buildings; participation in companies and their financing as well as real estate brokerage. The company may acquire interests and participations in other companies or commercial, financial, service and production enterprises both in Switzerland and abroad. The company may also establish branches and subsidiaries in Switzerland and abroad and carry out all commercial, financial or other activities related to the company's purpose.