The company's purpose is to acquire and manage real estate and participations that do not require authorization for persons abroad (business premises). The company may establish subsidiaries and branches in Switzerland and abroad, take over representations and enter into all transactions that directly or indirectly promote the company's purpose. It may also participate in other companies, take out loans, and acquire, manage and sell properties. Furthermore, the company may participate directly or indirectly in group financing, in particular by granting loans to its direct or indirect shareholders or other group companies, or by providing guarantees, sureties or other securities of any kind 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 and are granted free of charge.