The promotion of real estate activities and in particular the purchase, administration, management and sale of real estate, the promotion, design, construction and marketing of real estate and real estate products in Switzerland and abroad. The company may also acquire, sell, administer and manage movable assets; brokerage in general and in particular in the purchase and sale of real estate and movable assets. Furthermore, it may engage in the trade of foodstuffs. The company may participate in similar enterprises and conclude legal transactions as well as carry out all commercial and administrative activities that are suitable to promote the social purpose and that are in any case in direct or indirect relation to the achievement of the same purpose. It may also acquire, hold and transfer participations in companies with a similar social purpose.