The company's purpose is to hold, manage and trade in real estate. The company is authorized to conduct all business that serves the company's purpose, in particular providing services of all kinds to group companies and third parties. It can acquire, hold and sell properties and establish branches. 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 securities for the liabilities of affiliated companies.