The company's purpose is to acquire, manage, rent and sell real estate. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real property in Switzerland and abroad. It may also provide financing for its own account or for third-party account, as well as grant guarantees and sureties for its subsidiaries and third parties. The company may grant loans to its direct or indirect shareholders or other group companies and provide security of any kind for their liabilities to third parties, including by pledging or assigning its own assets or providing guarantees of any kind, even if such loans or securities are granted in the exclusive interest of its direct or indirect shareholders or other group companies and are provided free of charge.