The company's purpose is to acquire, manage, purchase and sell properties and real estate in Switzerland and abroad, as well as to broker them, to enter into participations, to provide economic consulting and to render trust and consulting services. The company is authorized to acquire, encumber, sell and manage real estate. Furthermore, the company may conduct any business that is suitable to promote the development of the company and the achievement of its purpose. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct any business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties.