The company's purpose is to build, acquire, develop, sell, manage and administer real estate and properties. The company may conduct all related business, in particular trade, financing and brokerage of properties and real estate. The company may establish branches and subsidiaries in Switzerland and abroad and 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 third-party accounts, 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.