The company's purpose is the acquisition, leasing, and sale of real estate and land, development of land, construction, renovation, and renewal of residential and commercial buildings, real estate and general asset management, as well as financing and encumbering real estate and land. The company may establish branches and subsidiaries in Switzerland and abroad and may participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. It may also provide financing on its own or another's account and may issue guarantees and sureties for subsidiaries and third parties.