Purchase and sale of properties in Switzerland and abroad, administrative and trust services in the real estate sector, as well as construction, renovation and maintenance of properties. May establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose, 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, and provide security for liabilities of affiliated companies.