The company's purpose is the purchase and sale of real estate as well as the development, renovation, leasing, management, and operation of real estate. The company may enter into any transactions and conclude any contracts that are directly or indirectly related to the company's purpose. The company may establish branches and subsidiaries in Switzerland and abroad and may participate in other companies in Switzerland and abroad. It may undertake financing for its own account and for the account of others as well as provide guarantees and sureties for subsidiaries and third parties.