The company's purpose is to manage, purchase, sell, hold, build and develop real estate. The company may establish branches and subsidiaries in Switzerland and abroad and participate in or acquire 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 on its own account or on behalf of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.