The Company's purpose is the acquisition, sale, administration, management and rental of commercial real estate and funds in Switzerland and abroad, not subject to the restrictions of the Federal Law on the Acquisition of Real Estate by Foreigners (LAFE). The Company may open and maintain branches and subsidiaries in Switzerland and abroad, hold participations in other companies in Switzerland and abroad, carry out activities and conclude agreements that promote the Company's purpose or fall directly or indirectly within the scope of the Company's activities. The Company may acquire, manage, sell and maintain real estate in Switzerland and abroad. The Company may grant direct or indirect financing to affiliated companies as well as to third parties, and provide guarantees or collateral of any kind in favor of these companies. In particular, the Company may grant direct or indirect financing to controlled companies or to the direct or indirect controlling companies of these companies or to the direct or indirect controlled companies of the latter, as well as to third parties, also through the granting of pledges or the transfer of Company assets by way of fiduciary transfer, even if these guarantees or collateral are granted without remuneration or compensation.
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