The company's purpose is to purchase, exchange and sell, as well as manage real estate. The company may conduct all business directly or indirectly related to its purpose and, in particular, also develop land. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business 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, as well as provide guarantees and sureties for subsidiaries and third parties.