The company's purpose is to create, purchase, sell, rent and manage real estate. The company may carry out all commercial, financial and other activities that are connected with the company's purpose. It may provide financing services on its own account and for third parties and group companies, and grant loans, guarantees and sureties to third parties and group companies. 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, sell and encumber properties.