The purpose of the company is the creation, brokerage, financing, acquisition, holding, management, administration, maintenance, use, rental, leasing, subleasing, lending, borrowing, leasing, subleasing, development, renovation, valuation and sale of real estate of any kind in Switzerland and abroad, the organization, planning and realization of projects related to real estate, consulting in real estate matters as well as the provision of all work and services related to the aforementioned activities. The company may also establish branches and subsidiaries in Switzerland and abroad, buy, hold and sell securities, and enter into any business and conclude any contracts that are suitable to promote its purpose or are directly or indirectly related to it. Furthermore, the company may also take out loans and credits for itself, its affiliated companies, shareholders and third parties, as well as grant loans and credits to its affiliated companies, shareholders and third parties. Finally, the company is also authorized to carry out any other form of financing and financial transactions for its own account or for the account of third parties.