The purchase, sale, rental, construction, financing, development and management of real estate or land, with or without accessories; the purchase and sale of shares, company shares, regardless of their object. The company may participate in similar companies in Switzerland and abroad, establish branches and subsidiaries, and carry out all commercial and financial transactions to achieve the company's purpose. The company may carry out all necessary operations to achieve the company's purpose; securities, real estate and financial transactions as well as take participations in other companies or enterprises with a similar or related purpose. The company may open branches in Switzerland and abroad and conclude all contracts that serve to promote the company's purpose or are directly or indirectly related to these.