The company's purpose is to acquire, hold and manage, as well as sell real estate. The company may also acquire, hold and sell securities and participations, and acquire and establish branches and subsidiaries in Switzerland and abroad, and participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real property in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, enter into guarantees and sureties for subsidiaries and third parties, and grant loans to its shareholders or other group companies.