The company's purpose is to buy, sell, broker, rent and manage as well as develop real estate. The company can acquire, encumber, manage and sell real estate. It can establish subsidiaries and branches in Switzerland and abroad and 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 of all kinds, including guarantees, mortgages and fiduciary transfers of the company's assets. It can acquire, encumber, manage and sell copyrights, patents and licenses of all kinds. Furthermore, it can conduct all business that is suitable to promote the development of the company and the achievement of the company's purpose.