The purpose of the company is to acquire, hold, manage, lease, encumber and sell real estate in Switzerland and abroad, with the exception of transactions that are prohibited under the Federal Act on the Acquisition of Real Estate by Persons Abroad (BewG). The company may establish branches and subsidiaries, both domestically and internationally, participate in other companies, act as a representative, engage in any business activity, and enter into any type of contract that may be conducive to the company's purpose or that is directly or indirectly related to the company's purpose. The company is part of a group and may consider the interests of the group in pursuing its corporate purpose. In particular, the company may grant loans and other direct or indirect financing to its direct and indirect subsidiaries and to third parties, including its direct and indirect shareholders and their direct and indirect subsidiaries, including under cash pooling agreements (including zero balancing), and provide security for the liabilities of these parties in any form, including by pledging or fiduciary transfer of the company's assets or guarantees of any kind. This may be done without consideration, on preferential terms, without interest, excluding the company's profit motive, and/or by assuming clustering risks.
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