The company's purpose is to acquire, hold and manage real estate. The company may establish branches in Switzerland and abroad, participate in other companies, establish, acquire and sell other companies. It may acquire, hold, encumber, manage and dispose of properties and securities in Switzerland and abroad. It may take out loans and grant them, provide guarantees and other securities, acquire, manage and exploit intellectual property. Furthermore, the company may conduct any business and take any measures that appear suitable to promote the purpose of the company or are directly or indirectly related to it.