The purpose of the company is the acquisition and sale, rental and leasing, letting and subletting, brokerage, management and development of properties, as well as all consulting and other services related to properties and land. The company can establish subsidiaries and branches in Switzerland and abroad, and participate in other companies in Switzerland and abroad. It can grant loans or other financing to affiliated companies and third parties, and provide security for their liabilities, including guarantees, mortgages and fiduciary transfers of the company's assets. It can acquire, encumber, manage and dispose of copyrights, patents and licenses of all kinds. Furthermore, it can conduct all business that is suitable to promote the development of the company and the achievement of its purpose.