The company's purpose is to acquire, hold, manage and sell real estate of all kinds abroad, as well as to develop and renovate such properties. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad, as well as acquire, sell or license intellectual property. It may also provide financing for its own account or for third-party account, and grant guarantees and sureties for subsidiaries and third parties.