The company's purpose is to acquire, sell, administer and manage real estate in Switzerland and abroad, as well as to hold participations in any companies and/or businesses, excluding all real estate or real estate transactions in Switzerland that do not have an exclusively commercial purpose. Furthermore, the company may carry out all commercial, financial, movable or real estate transactions that are directly or indirectly related to its main purpose or are likely to promote it, take participations in any businesses and conclude all contracts that are suitable for developing its main purpose, excluding any real estate transactions in Switzerland that do not have an exclusively commercial purpose. It may grant loans or guarantees to its shareholders or third parties if this serves its interests. The company may establish branches or subsidiaries in Switzerland or abroad.