The company's purpose is to acquire, encumber, hold, manage, rent and sell properties in Switzerland and abroad. The company may also carry out construction activities, provide related services and trade in goods of all kinds. The company may establish subsidiaries and branches in Switzerland and abroad, as well as participate in other companies in Switzerland and abroad. It may grant loans or other financing to affiliated companies and third parties, and provide security for their liabilities, including guarantees, pledges and fiduciary transfers of the company's assets. It may acquire, encumber, manage and sell copyrights, patents and licenses of all kinds. Furthermore, it may conduct any business that is suitable to promote the development of the company and achieve its purpose.