Management, purchase and sale of properties as well as realization of construction projects of all kinds and assumption of all tasks in the real estate sector, in particular assumption of management and brokerage mandates. 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, further acquire, encumber, sell and manage real estate in Switzerland and abroad, also arrange financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.