The company's purpose is to develop and promote real estate projects, their marketing and financing. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may also conduct all business that is suitable to promote its purpose directly or indirectly. The company may grant loans or other financing to its (direct or indirect) shareholders, these and related persons, as well as their direct or indirect subsidiaries or third parties, even if these are granted free of charge. It may provide security of all kinds for the liabilities and in the interest of (direct and indirect) shareholders, these and related persons, as well as their direct or indirect subsidiaries or third parties, including by way of pledges on or fiduciary transfers of the company's assets or by guarantees of all kinds, even if these securities are granted free of charge.