Holding and managing real estate. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or merge with such companies, provide financing for its own account or for the account of third parties, grant guarantees and sureties for subsidiaries and third parties, acquire, encumber, manage or dispose of real estate and licenses in Switzerland and abroad, acquire, exploit or dispose of patents, trademarks, design rights, copyrights and other intellectual property rights in any form.