Acquisition, holding and management as well as sale of properties in Switzerland and abroad; operation of restaurants and catering businesses and provision of services in the areas of organization and marketing of concepts, design, graphics, events, publishing, management and advertising, as well as all related business; may participate in other companies, acquire, encumber, sell and manage real estate; may provide financing for its own account or for third-party account, as well as guarantees and sureties for subsidiaries and third parties.