The purchase and sale as well as the management of real estate for commercial purposes, as well as all similar commercial, financial and administrative activities in relation to the aforementioned real estate activity; commercial activity on an international level, the holding and use of patents, trademarks, know-how as well as all financial and administrative activities in relation to the aforementioned activity. The company may also hold, directly or indirectly, real estate properties or participations in real estate companies. The company may open branches and subsidiaries both in Switzerland and abroad. The company may trade all products for the sectors in which it provides services as well as the purchase, sale and management of goods and services of all kinds. Financial participation in other companies.