The company's purpose is to acquire, develop, manage and sell properties. 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 and sell plots of land. The company may carry out all commercial, financial and other activities that are connected with the company's purpose. In particular, the company may grant loans, guarantees and other forms of financing and security for group companies and raise and invest funds on the money and capital markets. The company may acquire, manage and sell licenses, patents and other intangible assets.