The company's purpose is to manage, purchase and sell real estate. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or merge with similar or related companies, and enter into all transactions and conclude contracts that may be suitable to promote the purpose of the company or that are directly or indirectly related to it. Furthermore, it may acquire, manage and sell properties, securities and license rights, take out and grant loans, and provide guarantees and other securities.