The company's purpose is the direct and indirect acquisition, holding, sale, management, operation, brokerage, and leasing of real estate, i.e., commercial properties, residential properties, and land, as well as consulting in connection with such real estate, and finally the acquisition and holding of participations in companies. The company may establish branches and subsidiaries in Switzerland and abroad and may 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 may acquire, encumber, dispose of, and manage real property in Switzerland and abroad. It may also provide financing for its own account or for the account of others, as well as provide guarantees and sureties for subsidiaries and third parties.