The company's purpose is to acquire, develop, manage, rent, lease, encumber and sell real estate in Switzerland and abroad, as well as to acquire, manage and sell participations in other companies in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad, carry out financing for its own account or for the account of third parties, and grant guarantees and sureties for subsidiaries and third parties. It may also acquire, develop, manage and exploit patents, trademarks, licenses, manufacturing processes and other intellectual property rights, and in general, conduct all business that is suitable to promote the company's purpose.