The company's purpose is the management, purchase and sale, and development of properties. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as 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. It may make capital investments and financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties, and assume advisory functions in Switzerland and abroad.