Acquisition and sale, rental and management as well as creation and renovation of real estate. May participate in other companies, acquire, manage, broker and sell licenses, patents and other intangible assets as well as real estate, establish and operate branches and subsidiaries in Switzerland and abroad, and conduct all business that is connected with or suitable for promoting the purpose of the company, as well as provide financing for its own account or for third-party account and enter into guarantees and sureties for subsidiaries and third parties.