The company's purpose is to acquire, develop, hold, encumber, manage and sell properties, real estate and building rights in Switzerland and abroad. The company may acquire and participate in companies with the same or similar purpose, as well as conduct commercial and financial transactions. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies 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 account, as well as provide guarantees and sureties for subsidiaries and third parties.