The company's purpose is to acquire, hold and sell participations in companies, in particular real estate companies. The company can itself acquire, hold, manage, develop, encumber and sell real estate, as well as conduct financial, investment and trust transactions of all kinds. The company can establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company can acquire, encumber, sell and manage real estate in Switzerland and abroad. It can also provide financing for its own account or for the account of third parties, as well as provide securities for the liabilities of affiliated companies.