The company's purpose is to hold, manage, encumber, utilize, rent, lease, develop and sell foreign real estate. The company may engage in all activities related to the provision of these services and which are connected therewith and beneficial. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate and intellectual property 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. Furthermore, the company may conduct all business that is suitable to promote the development of the company or the achievement of its purpose.