The company's purpose is to trade in, purchase, sell, create, finance and manage real estate of all kinds, as well as to participate in real estate companies. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies. The company is authorized to acquire, encumber, sell and manage real property in Switzerland and abroad. Furthermore, the company may enter into any business and conclude contracts that are suitable to promote the development of the company and the achievement of its purpose or that are directly or indirectly related to it.