The company's purpose is to manage properties. It can also acquire, develop, rent, broker and sell properties. The company can acquire, hold, manage, exploit and transfer intellectual property rights in Switzerland and abroad, as well as establish branches and found subsidiaries in Switzerland and abroad. The company can participate in financings of group companies and third parties in Switzerland and abroad, in particular by granting loans to its group companies or providing guarantees or other securities for their liabilities to third parties, even if these loans or securities are in the exclusive interest of its group companies or are provided free of charge. Furthermore, the company can conduct all business that appears to promote the purpose of the company or is connected with it.