The company's purpose is the acquisition, management, brokerage, and disposal of real estate of any kind; the development, management, and operation of residential and commercial buildings; the execution of financings and brokerage activities; and the acquisition and holding of participations of any kind. The company may establish branches and subsidiaries in Switzerland and abroad and may participate in other companies in Switzerland and abroad as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, dispose of, and manage real property in Switzerland and abroad. It may also undertake financings for its own account or for the account of others as well as provide security for the liabilities of affiliated companies.