The purpose of the company is the acquisition, holding, renting, management and sale of properties in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may acquire, hold, manage, encumber and sell real estate. The company may provide financing for its own account or for the account of third parties, as well as grant guarantees, sureties and securities of all kinds for group companies and third parties. The company may carry out all commercial, financial and other activities that serve the purpose of the company or are directly or indirectly related to it.