The company's purpose is to acquire, finance, develop, manage and sell properties and real estate of all kinds. Furthermore, the company may engage in any commercial, financial and other transactions that are intended and suitable to promote or facilitate the development of the company and the achievement of its purpose. In particular, the company may participate in, acquire or finance other companies in Switzerland and abroad, as well as establish subsidiaries and branches in Switzerland and abroad. 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 enter into or grant guarantees, sureties and other securities for group companies and third parties.