The company's purpose is the purchase, construction, and trade of real estate, the planning, construction, and renovation of buildings, as well as the management, leasing, and brokerage of the same, along with the development and management of real estate projects. The company may establish branches and subsidiaries both in Switzerland and abroad, participate in other companies both in Switzerland and abroad, and carry out all activities directly or indirectly connected to its purpose. The company may acquire, encumber, alienate, and manage real estate both in Switzerland and abroad. It may also provide financing on its own account or on behalf of third parties, as well as grant guarantees and bonds in favor of subsidiaries and third parties.