The company's purpose is to acquire, sell, hold and manage real estate. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for third-party account, as well as provide guarantees and sureties for group companies and third parties. The company may engage in all commercial, financial and other activities that appear suitable to promote the company's purpose or are related thereto. In pursuing its corporate purpose, the company aims to create long-term, sustainable value.