The company's purpose is to acquire, hold, manage, administer and sell properties on its own account and on behalf of third parties. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account and on behalf of third parties, as well as provide security for affiliated companies and third parties.