The company's purpose is to acquire, hold, manage, encumber and sell real estate in Switzerland and abroad, and to provide services in the field of real estate. The company may acquire or participate in similar businesses, as well as conduct any business that is suitable to promote the purpose of the company directly or indirectly. The company may also establish branches and subsidiaries in Switzerland and abroad, participate in other companies, acquire or sell acquired companies. Furthermore, the company may acquire, encumber, manage and sell securities in Switzerland and abroad, take out and grant loans, provide guarantees and other securities, acquire, manage, exploit and sell intellectual property rights.