The company's purpose is to buy, sell, manage, rent and lease properties, as well as to construct buildings of all kinds. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, provide financing for its own account or for the account of third parties, enter into security transactions, including guarantees, pledges, global assignments, security transfers and indemnification agreements for affiliated companies and third parties, even if these are in their exclusive interest. Furthermore, the company may engage in all commercial, financial and other activities that are intended and suitable to promote or facilitate the development of the company and the achievement of its purpose.