The company's purpose is to acquire, hold, manage and dispose of real estate. Furthermore, the company aims to develop, realize and utilize real estate and construction projects of all kinds and can engage in the management, rental, leasing and brokerage of real estate. The company can also conduct all commercial, financial and other business activities that are intended and suitable to promote or facilitate the development of the company and the achievement of its purpose. The company can establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company can acquire, hold and dispose of land. It can also provide financing for its own account or for third-party account and grant guarantees and sureties for subsidiaries and third parties.