The company's purpose is to buy, sell and manage real estate, as well as to develop properties. The company can establish subsidiaries and branches in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company can acquire, hold and sell operating properties and intellectual property rights. The company can also carry out all commercial, financial and other activities that are directly or indirectly related to the company's purpose. Furthermore, the company can provide direct or indirect financing to its direct or indirect subsidiaries and third parties, including its direct or indirect shareholders and their direct or indirect subsidiaries, and provide collateral of all kinds for its own liabilities and those of other companies (including its direct or indirect subsidiaries and third parties, including its direct or indirect shareholders and their direct or indirect subsidiaries), including by way of pledges or fiduciary transfers of the company's assets or guarantees of any kind, whether remunerated or not. Additionally, it can operate a liquidity adjustment/concentration of net liquidity (cash pooling) with the aforementioned companies or join such a system, including periodic account settlement (zero balancing). This can also be done under preferential conditions without interest, excluding the company's profit motive and assuming cluster risks.