The company's purpose is to assume and carry out all tasks falling within the scope of a real estate company, in particular the purchase, sale, development, rental, management, renovation and encumbrance of properties. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account and for third-party account, as well as provide guarantees and sureties for subsidiaries and third parties.