The company's purpose is to acquire, manage and sell real estate of all kinds and participations in companies of all kinds in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad and conduct all business that is directly or indirectly related to its purpose. The company may encumber real estate in Switzerland and abroad and arrange financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.