The company's purpose is: acquisition, sale, development and management of properties for its own account or for the account of third parties; brokerage and granting of construction and mortgage loans; execution of other business activities related to the aforementioned activities. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may acquire, hold and sell real estate. The company may engage in all commercial, financial and other activities that are related to the company's purpose.