The company's purpose is to acquire, hold, manage, rent and sell properties in Switzerland and abroad. The company may participate in other companies, acquire, exploit, manage and sell properties and intellectual property rights, establish subsidiaries and branches in Switzerland and abroad, and perform all legal acts that may be necessary or useful for the achievement of its purpose or the development of the company or its group companies. Furthermore, the company may participate directly or indirectly in group financing, in particular by granting loans to its direct or indirect shareholders or other group companies or by providing guarantees, sureties or other securities for their liabilities to third parties, even if these 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.