Acquisition, management, encumbrance and disposal of real estate and participations in real estate companies in Switzerland and abroad. The company can also carry out financial transactions of all kinds. The company can establish branches and subsidiaries in Switzerland and abroad. Furthermore, the company can conduct all business that is conducive to achieving its purpose. It can participate in other companies, acquire, hold, encumber, sell and manage real estate. The company can also provide financing for its own account or for third-party account, as well as provide guarantees and sureties for subsidiaries and third parties.