Management, purchase and sale of properties as well as realization of construction projects of all kinds and execution of all tasks in the real estate sector, in particular assumption of management and brokerage mandates. May establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose, and acquire, encumber, sell, broker and manage real estate, licenses, patents or other intangible assets in Switzerland and abroad.