The company's purpose is to manage, administer and valorize real estate, as well as to acquire, restructure, encumber and sell real estate in Switzerland and abroad, and to participate in real estate companies and enterprises with a registered office and/or activities in Switzerland and abroad, in compliance with applicable laws. The real estate activity is not directed towards third parties but is limited to real estate for its own account. The company may also acquire, sell, manage, receive and grant the use of technologies, technical know-how, industrial patents, trademarks, licenses and intellectual property rights in general, particularly in the aforementioned sectors. The company may assume, on its own account and not in a fiduciary capacity, interests and participations in other industrial, commercial, financial and service companies or enterprises in Switzerland or abroad, in the sector related to the company's purpose or in other sectors. The company may also carry out activities related to the granting of loans, guarantees, including mortgage guarantees, sureties and indemnities, also in favor of third parties, excluding, however, the exercise of banking and insurance activities. Finally, the company may carry out all commercial, industrial and financial operations deemed necessary or useful and functionally connected with the company's purpose or aimed at achieving its purpose, and open branches and subsidiaries in Switzerland and abroad.