Management, rental, acquisition, sale, brokerage, administration and maintenance of properties in Switzerland and abroad, construction and renovation of all kinds, project management in the real estate sector as well as trade in goods of all kinds in Switzerland and abroad; may participate in other companies, establish branches and subsidiaries, provide financing for its own account or for third-party account, take out and grant loans, provide guarantees and other securities for subsidiaries and third parties, as well as acquire, manage and exploit securities and intellectual property rights.