The company's purpose is to acquire and rent properties, as well as to develop and manage real estate, including the administration and brokerage of properties, and to participate in related companies. 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. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, and may grant guarantees and sureties for its subsidiaries and third parties.