The company's purpose is to acquire, develop, manage, maintain, mediate and buy and sell properties. It is also authorized to acquire, manage and sell real estate in Switzerland and abroad. The company may conduct all business that is directly or indirectly related to its purpose. The company may establish branches in Switzerland and abroad, participate in other companies or merge with them. Furthermore, it may hold participations and exercise holding functions. In addition, the company is authorized to arrange financing for its own account or for the account of third parties, as well as to provide guarantees and sureties for subsidiaries and third parties.