The company's purpose is to acquire, hold, rent, manage, sell, develop new and renovated buildings, renovate and market and broker properties and real estate of any type of use in Switzerland and abroad. Transactions requiring authorization under the Federal Act on Cartels are excluded. The company may acquire, encumber, rent, manage and sell real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties and broker guarantees and sureties for subsidiaries and third parties. The company may establish branches, subsidiaries and agencies in Switzerland and abroad and participate in other companies that are directly or indirectly related to its purpose.