Purchase, sale, rental as well as development, renovation and management of plots of land and real estate for residential and commercial purposes. May establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or merge with similar or related companies, 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 plots of land, intellectual property rights and licenses of all kinds.