The company's purpose is to acquire, hold, manage and administer, sell and finance 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 this. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. Furthermore, the company may conduct financing, investment and lending transactions of any kind, enter into guarantees and provide securities for the benefit of third parties, and in general enter into all transactions and conclude contracts that serve to promote the company's purpose and are directly or indirectly related to it.