The company's purpose is to acquire and sell, hold, manage, rent and lease, encumber, broker, develop and trade in real estate and properties in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies. The company may acquire, encumber, hold, utilize and sell intellectual property rights and securities. It may also develop real estate and properties in Switzerland and abroad as a general contractor. It may take out loans and mortgages, arrange financing for its own account or for the account of third parties, and provide guarantees and sureties for its subsidiaries and third parties. The company may engage in all commercial, financial and other activities that are suitable to promote the purpose of the company or that are directly or indirectly related to it.