The purpose of the company is to acquire, manage and dispose of real estate of all kinds. The company can acquire, hold, encumber, develop, rent and dispose of real estate directly or indirectly through participations, and provide or broker related services. The company can establish branches and subsidiaries in Switzerland and abroad. The company can conduct business with or for the benefit of related parties, including its direct and indirect shareholders and other group companies, in particular grant loans to these persons or provide guarantees, sureties, mortgages or other securities to secure their liabilities. The company can acquire, manage, encumber and dispose of real estate and participations in Switzerland and abroad. The company can engage in any further activity that is directly or indirectly related to the aforementioned purposes.