The purpose of the company is the creation, brokerage, financing, acquisition, holding, management, administration, maintenance, use, rental, leasing, subleasing, lending, borrowing, leasing, subleasing, development, renovation, renovation, encumbrance, appraisal and valuation, sale and realization of real estate of all kinds in Switzerland and abroad, the organization, planning and realization of projects related to real estate, consulting in real estate matters and the provision of all work and services related to the aforementioned activities. The company may engage in any industrial, commercial, financial and other activities in Switzerland and abroad, carry out transactions and conclude legal transactions that are directly or indirectly related to the purpose of the company or are suitable for facilitating or promoting its achievement and/or the development of the company. As a result, the company may in particular establish, set up, dissolve or liquidate companies of all kinds, branches and other representations in any form in Switzerland and abroad, participate in other companies of all kinds in Switzerland and abroad, merge with other companies of all kinds, acquire other companies of all kinds or sell its participation in other companies. The company may also acquire, hold, manage, administer, use, make available to third parties, encumber, trade, sell or realize any other type of securities, capital investments, intangible assets or rights, raw materials of all kinds as well as movable assets of any other kind in Switzerland and abroad, and conclude any other legal transactions related to these assets. Furthermore, the company may also take out loans and credits for itself, its affiliated companies, shareholders and third parties, grant loans and credits to its affiliated companies, shareholders and third parties, commit itself as a guarantor for loans and credits of its affiliated companies, shareholders or third parties, or provide other guarantees or securities of any kind, in particular by pledging, fiduciary transfer or provision of other securities, as well as assume and take over exchange liabilities. Finally, the company is also authorized to carry out any other form of short-term, medium-term or long-term investments, borrowings, financings and financial transactions for its own account or for the account of third parties.