The company's purpose is to acquire, manage, rent, encumber and sell real estate, as well as to acquire, hold and manage participations. The company may conduct financing transactions with third parties, shareholders or companies directly or indirectly related to it, and grant loans or other financing to the same, as well as provide security of any kind, in particular in the form of guarantees, pledges, global assignments, security transfers or security assignments, for the liabilities of its shareholders and directly or indirectly related companies. 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 or for the account of third parties, as well as enter into guarantees and sureties for subsidiaries and third parties.