The company's purpose is to acquire and sell, hold and manage, finance, encumber and develop, realize and develop real estate in Switzerland and abroad. 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. It may acquire, hold, manage and sell properties, securities, copyrights, patents and licenses of all kinds, as well as engage in trade in goods of all kinds. The company may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties. Furthermore, the company may conduct all business or conclude contracts that are suitable to promote the development of the company and the achievement of its purpose or are directly or indirectly related thereto.