The company's purpose is to acquire, hold and sell real estate. The company may carry out all commercial, financial and other activities that are connected with its purpose. It may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. 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, as well as grant guarantees and sureties for its subsidiaries and third parties.