The purpose of the company is to acquire, establish, manage and operate business premises. The company may participate in other companies in Switzerland and abroad, establish branches and subsidiaries, and carry out all commercial and financial transactions that may be beneficial for the realization of its purpose. The company may also acquire, sell, manage and administer real estate (in Switzerland limited to business premises) and securities in Switzerland and abroad; it may also provide financing for its own account or for the account of third parties, take out and grant loans, provide guarantees and other securities for subsidiaries and third parties, and acquire, manage and exploit intellectual property rights.