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