The company's purpose is to purchase, develop and manage real estate on a long-term basis, as well as to sell it. The company may establish branches and subsidiaries in Switzerland and abroad, and participate in other companies in Switzerland and abroad. It may also acquire similar or related companies or merge with them. Furthermore, it may grant loans to shareholders and third parties, or provide security for their liabilities, and conduct all business that is directly or indirectly related to its purpose or suitable to promote it.