The company's purpose is to acquire, create, manage, administer, encumber and sell real estate, in particular to operate and manage residential properties with related services. 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. It may also provide financing for its own account or for third-party account, as well as provide guarantees and sureties for subsidiaries and third parties.