Acquisition and sale of real estate, its development and management, as well as rental and leasing. The company can conduct all business related to this, affiliate additional business areas and participate in or acquire other companies. The company can 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 parties, and provide guarantees and sureties for subsidiaries and third parties.