Acquiring, encumbering and selling properties in Switzerland and abroad, participating in other companies of any kind in Switzerland and abroad, and conducting trading and brokerage transactions. 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, arrange financing for its own account or for third-party account, and provide guarantees and sureties for subsidiaries and third parties.