The purpose of the company is the acquisition, sale and management of real estate, the planning and construction of buildings on its own properties, as well as the provision of any services in the real estate sector. The company may establish subsidiaries and branches in Switzerland and abroad and participate in other companies in Switzerland and abroad. It may acquire, hold and sell properties. The company may also carry out all commercial, financial and other activities that are directly or indirectly related to the purpose of the company. The company is authorized to take financing, restructuring and intercession measures in favor of shareholders, group companies or third parties, as well as to grant loans to shareholders, group companies or third parties or to provide security for their obligations.