The company's purpose is to build, buy, sell, rent, lease and manage real estate, as well as to participate in real estate and trade in real estate of all kinds. The company can participate directly or indirectly in other companies. It can take all measures and conduct all business that is directly or indirectly related to the company's purpose or serves the same purpose. The company can establish branches in Switzerland and abroad and acquire, encumber, sell and manage real estate in Switzerland and abroad. The company can grant loans or other financing to third parties, including its direct or indirect parent companies and their direct or indirect subsidiaries, and provide security of any kind for the liabilities of such other companies, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether against payment or not.