The company's purpose is the buying and selling of developed and undeveloped real estate, the construction and renovation of residential, commercial, and industrial buildings, as well as their leasing, management, and disposal. The company may establish branches and subsidiaries in Switzerland and abroad and may participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, dispose of, and manage real property in Switzerland and abroad. It may also provide financing on its own account or for the account of others and may provide guarantees and sureties for subsidiaries and third parties.