Acquisition and sale, rental, management and leasing of properties, financing of real estate transactions as well as planning and execution of architectural work in Switzerland and abroad; furthermore, trade in goods of all kinds in Switzerland and abroad as well as participation in scientific projects of all kinds in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire, encumber, sell and manage real estate in Switzerland and abroad, provide financing for its own account or for third-party account, and grant guarantees and warranties for subsidiaries and third parties.