Creation, renovation and refurbishment as well as purchase, sale and management of properties on its own account and for third parties, trade in goods of all kinds and provision of further services in the area of the main purpose. May take up related business activities, participate in or acquire other companies in Switzerland and abroad, or establish and sell such companies, as well as establish branches and subsidiaries in Switzerland and abroad, and in general carry out all commercial, financial and other activities that are suitable to promote the purpose of the company.