The company's purpose is to acquire, hold, manage, rent and sell properties in Switzerland and abroad (excluding real estate transactions prohibited by the Federal Act on the Acquisition of Real Estate by Persons Abroad (BewG)). The company may participate in other companies, acquire, exploit, manage and sell properties and intellectual property rights, establish subsidiaries and branches in Switzerland and abroad, and perform all legal acts that may be necessary or suitable to promote the company's purpose or the development of group companies. Furthermore, the company may participate directly or indirectly in group financing, in particular by granting loans to its direct or indirect shareholders or other group companies, or by providing guarantees, sureties or other securities of any kind for their liabilities to third parties, even if these loans or securities are in the exclusive interest of its direct or indirect shareholders or other group companies and are granted free of charge.