The purpose of the company is to create, purchase, hold, manage and sell properties, maintain and renovate the acquired properties as well as provide caretaking services for them. The company may establish subsidiaries and branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or establish similar or related companies, and acquire, manage and sell real estate and securities in Switzerland and abroad. 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.