The company's purpose is to acquire and sell, hold and manage, finance, encumber and develop, realize and develop real estate in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. It may acquire, hold, manage and sell securities, copyrights, patents and licenses of all kinds, as well as trade in goods of all kinds. The company may also provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties. Furthermore, the company may conduct any business or conclude any contracts that are suitable to promote the development of the company and the achievement of its purpose or are directly or indirectly related thereto.