The company's purpose is to own, finance, mortgage, rent and sell domestic and foreign properties of all kinds or rights to properties, as well as to develop and build on such properties. Furthermore, it can conduct all business that is conducive to achieving its corporate purpose. The company can establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company can acquire, encumber, sell and manage real estate in Switzerland and abroad. It can 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.