Acquisition and sale as well as holding and management of real estate or real estate shares in Switzerland and abroad, consulting in the field of real estate, activities in the field of renovation, construction management and general contracting. 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, furthermore acquire, encumber, sell and manage real estate in Switzerland and abroad, arrange financing for its own account or for third-party account, and provide guarantees and sureties for subsidiaries and third parties.