The company's purpose is to develop and realize real estate projects, as well as to acquire, hold, manage and sell properties. The company may also participate in group financing, in particular by granting loans to its direct or indirect shareholders or other group companies, or by providing guarantees or other securities for their liabilities to third parties, even if these loans or securities are in the exclusive interest of its direct or indirect shareholders or other group companies and are granted free of charge. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and 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 enter into guarantees and sureties for subsidiaries and third parties.