The purpose of the company is to create, purchase, sell, rent and manage real estate. Furthermore, the company aims to participate in other companies active in the real estate sector. The company can establish subsidiaries and branches in Switzerland and abroad, as well as participate in other companies in Switzerland and abroad. It can grant loans or other financing to affiliated companies and third parties, and provide security for their liabilities, including guarantees, mortgages and fiduciary transfers of the company's assets. It can acquire, encumber, manage and dispose of copyrights, patents and licenses of all kinds. In addition, it can conduct all business that is suitable to promote the development of the company and achieve its purpose.