The company's purpose is to acquire, hold, sell, develop and manage real estate, to rent out its own properties and to rent properties, as well as to provide all related services. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business directly or indirectly related to its purpose. The company may acquire, encumber, hold, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for third-party account, as well as provide guarantees and sureties for its subsidiaries and third parties. The company may conduct any further business and take any measures that appear suitable to promote the company's purpose or are directly or indirectly related to it.