The company's purpose is to trade in, grant building rights for, and manage, create, renovate and rent out real estate of all kinds. The company may establish branches in Switzerland and abroad, participate in other companies, acquire or sell other companies, take out and grant loans, provide guarantees and other securities, acquire, manage and exploit intellectual property rights, and acquire, manage and sell securities. It may carry out all commercial and financial transactions that may be conducive to the realization of the company's purpose.