The company's purpose is to acquire, hold, manage and sell real estate, as well as to develop and realize real estate projects. 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. It may also provide financing for its own account or for third-party account, as well as provide guarantees and sureties for subsidiaries and third parties. The company may conduct all other commercial, financial or other business that is directly or indirectly related to the company's purpose.