The company's purpose is to acquire, hold and sell real estate. The company may also engage in the manufacture, trade and export of embroidery and textiles of all kinds. The company may establish branches and subsidiaries 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. 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 security transactions, including guarantees, pledges, global assignments, security transfers and indemnification agreements, for affiliated companies and third parties, even if these are in their exclusive interest.