The purpose of the company is the acquisition, holding and management as well as the sale of real estate. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies of any kind, assume representations and enter into any business and conclude contracts that may be suitable to promote the purpose of the company; or that are directly or indirectly related to it. It may also enter into financing for its own account or for the account of third parties, as well as guarantees, sureties and pledge agreements for affiliated companies and third parties. It may acquire, lease, rent, manage, encumber and sell real estate in Switzerland and abroad. The company may acquire, hold, manage or sell any kind of debt and securities, within Switzerland or abroad.