Acquisition and sale of real estate, its development and management as well as rental and leasing. The company can affiliate any additional business areas and participate in or acquire other companies, establish branches and subsidiaries in Switzerland and abroad, and participate in other companies in Switzerland and abroad, acquire, encumber, sell and manage real estate in Switzerland and abroad, provide financing for its own account or for third-party account, and grant guarantees and sureties for subsidiaries and third parties.