The company's purpose is the management and exploitation of properties (real estate). The company can create, purchase and sell properties (real estate) on its own account or participate in such properties. The company can acquire, encumber, sell and manage real estate in Switzerland and abroad. The company can 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 can acquire, encumber, sell and manage real estate in Switzerland and abroad. It can also provide financing for its own account or for third-party account, as well as grant guarantees and warranties for subsidiaries and third parties.