The company's purpose is to develop, promote and transact in the field of real estate and properties, provide all related services and conduct related financing transactions. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or merge with similar or related companies. Furthermore, the company may acquire, manage and sell industrial property rights, know-how and intellectual property rights, and enter into all transactions and conclude contracts that are suitable to promote the company's purpose or are directly or indirectly related to it. It may acquire, hold, encumber and sell real estate in Switzerland and abroad, except for real estate transactions prohibited by the Federal Act on the Acquisition of Real Estate by Persons Abroad (BewG). It may also provide financing for its own account or for third-party account, as well as provide guarantees and sureties for subsidiaries and third parties.