The company's purpose is to rent, manage, operate and trade in real estate and vehicles of all kinds on land, water and air. The company may establish branches, subsidiaries and agencies in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. Similarly, it may acquire, take over, manage, exploit and transfer representations, agencies, trademarks, licenses, patents and industrial knowledge, and provide technical and administrative consulting services. Furthermore, the company may conduct all business that is suitable to promote the company's purpose, including buying and selling, developing and managing real estate within the framework of the legal provisions. In particular, 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 provide securities for liabilities of affiliated companies.