The company's purpose is to acquire, hold and sell real estate. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. 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, as well as provide guarantees and sureties for its subsidiaries and third parties. The company may participate in group financing, in particular by granting loans to its direct or indirect shareholders or affiliated companies, or by providing security for their liabilities in the exclusive interest of its direct or indirect shareholders or other affiliated companies, free of charge.