Trading in real estate and land. May construct buildings, provide additional services in the real estate sector such as management, administration and brokerage, establish branches and agencies in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or merge with similar or related companies, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it, as well as acquire, manage, encumber and dispose of copyrights, patents and licenses of all kinds.