The company's purpose is to acquire, hold, manage and sell properties of all kinds in Switzerland and abroad, as well as to plan and implement real estate projects. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may carry out all commercial, financial and other activities that are connected with the company's purpose. It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.