The company's purpose is to hold, rent, manage, develop and trade in real estate, and to carry out all activities related to this purpose. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, and grant security for liabilities of affiliated companies.