The company's purpose is to acquire, rent and sell properties and plots of land, develop plots of land, build, renovate and renew residential and commercial buildings, manage real estate, as well as finance and encumber properties and plots of land. 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 grant guarantees and warranties for subsidiaries and third parties.