Acquisition and sale as well as trading of real estate in Switzerland and abroad; brokerage and management of real estate in Switzerland and abroad; creation, renovation and maintenance of real estate (also for third parties). The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell, manage, build, renovate and maintain real estate in Switzerland and abroad. It may also provide financing for its own account or for third-party account, as well as provide guarantees and sureties for subsidiaries and third parties.