The company's purpose is to acquire, develop, utilize and sell real estate, invest in all types of real estate and participate in and conduct financial transactions of all kinds in Switzerland and abroad for its own account or for the account of third parties. The company may acquire, hold, manage, exploit and transfer properties and intellectual property rights in Switzerland and abroad, and establish branches and found subsidiaries in Switzerland and abroad. The company may participate in group financing, in particular by granting loans to its direct or indirect shareholders or other group companies, or by providing guarantees or other securities for their liabilities to third parties, even if these loans or securities are in the exclusive interest of its direct or indirect shareholders or other group companies, or are provided free of charge. Furthermore, the company may conduct any business that appears to promote the company's purpose or is connected therewith.