The purpose of the company is the acquisition, development, management, rental, leasing and sale of all types of properties. The company may establish branches and subsidiaries in Switzerland and abroad, as well as participate in other companies in Switzerland and abroad. It may 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. It may acquire, encumber, manage and sell copyrights, patents and licenses of all kinds. Furthermore, it may conduct all business that is suitable to promote the development of the company and the achievement of its purpose.