The company's purpose is to acquire, encumber, sell, manage, administer and rent properties and real estate in Switzerland and abroad. The company may acquire, hold, encumber and sell properties. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies. The company may engage in all commercial, financial and other activities that are connected with the company's purpose. The company may provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties.