Holding and managing assets, in particular participations in joint-stock companies. The company may assume additional activities related to the aforementioned purpose. The company may acquire, sell and encumber properties, construct buildings and manage real estate, grant loans, establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire, encumber, sell and manage real estate in Switzerland and abroad, arrange financing for its own account or for third-party account, and provide guarantees and sureties for subsidiaries and third parties.