The company's purpose is to acquire, encumber, manage and dispose of real estate. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or merge with similar or related companies, acquire or dispose of properties, encumber them, grant and take out loans, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it. It may also carry out financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.