The purpose of the company is to acquire, hold, operate and dispose of commercial or industrial properties in Switzerland and abroad, subject to applicable legal provisions; the company may conduct all financial, commercial, movable and real estate transactions of a commercial or industrial nature, which are directly or indirectly related to its statutory purpose or are suitable to promote the achievement of its purpose, in its own name or on behalf of third parties or as a joint venture; the company may establish subsidiaries and branches in Switzerland and abroad; the company may conduct business with or for the benefit of affiliated companies, in particular its direct and indirect shareholders and other group companies, for consideration or free of charge; it may in particular grant loans or provide security for debts of affiliated companies; the company may engage in all activities that are directly or indirectly related to the aforementioned objectives.