The company's purpose is to acquire, sell, rent, manage and administer real estate. The company may establish branches in Switzerland and abroad and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it. The company may grant loans and other direct or indirect financing to its direct and indirect subsidiaries as well as to third parties, including its direct and indirect shareholders and their direct and indirect subsidiaries, and provide security for the liabilities of these companies, including by way of pledges on the company's assets or guarantees of any kind. This also applies without consideration, on preferential terms, without interest, excluding the company's profit motive and assuming cluster risks.