The company's purpose is the (direct and indirect) acquisition, holding, management and sale of real estate and land as well as participations in companies active in the real estate sector, and the execution of all commercial and financial transactions related thereto. 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 intellectual property rights in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as grant guarantees and warranties for subsidiaries and third parties.