The company's purpose is to acquire, encumber, sell and manage real estate in Switzerland, provided they are not subject to the Federal Act on the Acquisition of Real Estate by Persons Abroad, as well as real estate abroad. The company may also participate in other companies of any kind in Switzerland and abroad, establish, acquire and merge with them. Furthermore, the company may acquire, encumber and sell intellectual property rights in Switzerland and abroad, and by resolution of the Board of Directors, establish branches and agencies in Switzerland or abroad. In addition, the company may acquire, manage and sell securities, take out and grant loans, and provide guarantees and other securities.