The purchase and sale of real estate, the rental of real estate, the administration of real estate and real estate companies, real estate consulting, and the execution of real estate appraisals. The company may engage in any other activity that is useful for pursuing its social purpose. It may participate in other companies. The company may open branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may acquire, own and sell real estate. The company may also engage in all commercial, financial or other activities that are related to the purpose of the company.