The company's purpose is to acquire, hold, manage and dispose of real estate and participations in real estate companies in Switzerland and abroad. The company may establish subsidiaries and branches in Switzerland and abroad. The company may conduct all business that is connected with the company's purpose and is suitable to support the company; in particular, the company may conduct financing transactions for itself or for third parties and grant guarantees or other securities. The company may participate in or merge with other companies of any kind. It may acquire, encumber and dispose of intellectual property rights in Switzerland and abroad. The company may provide securities and guarantees for its shareholders or other group companies and grant loans to its shareholders or other group companies.