Holding and managing, buying and selling as well as planning and creating real estate, including construction consulting; may establish branches and subsidiaries, acquire, encumber, sell and manage real estate, as well as acquire, manage and sell copyrights, patents and licenses of all kinds, provide financing for its own account or for third-party account, and grant guarantees and sureties for subsidiaries and third parties, trade in shares, options and the like, and conclude currency transactions.