The company's purpose is to acquire, hold, rent, manage and sell properties in Switzerland and abroad. The company may, also without adequate consideration, conduct business with or for the benefit of related parties or third parties, in particular provide direct or indirect financing to these persons, grant loans on its own or on behalf of these persons, or provide guarantees, sureties, pledges or other securities to secure the liabilities of these persons. Furthermore, the company may acquire, encumber and sell intellectual property rights in Switzerland and abroad. 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 suitable to promote the purpose of the company or is directly or indirectly related to it.