Acquisition, development, renovation and conversion, financing, participation, rental, leasing, management and maintenance, administration and sale of and to real estate, as well as provision of corresponding services. May participate in companies of the same or similar kind, acquire, manage, broker, encumber and sell licenses, patents and other intangible assets as well as properties and technical installations, establish branches and subsidiaries in Switzerland and abroad, and in general conduct all business that is directly or indirectly related to the purpose of the company or is suitable for promoting it.