The purpose of the company is to acquire, hold and sell commercial properties, residential properties and plots of land, as well as to hold participations in companies active in the real estate sector. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate, intellectual property rights and licenses of all kinds in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties.