The company's purpose is to acquire, develop, manage, sell and construct residential and commercial buildings on its own account or on behalf of third parties, as well as to provide services related to the management, rental, brokerage, operation, maintenance and upkeep of properties. The company may participate in similar or related companies. 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 on its own account or on behalf of third parties, as well as grant guarantees and sureties for subsidiaries and third parties.