The company's purpose is to acquire, trade in and rent and lease real estate. The company may carry out all commercial, financial and other activities that are connected with the company's purpose. Furthermore, the company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. 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 the account of third parties, grant guarantees and sureties for subsidiaries and third parties, and acquire, manage and exploit intellectual property rights. In addition, the company may conduct all business that is suitable to promote the development of the company and the achievement of its purpose.