The company's purpose is to acquire, manage and utilize participations in companies, develop real estate and provide related consulting, financing, management, planning and coordination services. It is authorized to acquire, manage and utilize properties on its own account and on behalf of third parties. It may 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. Furthermore, it is empowered to acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or on behalf of third parties, as well as grant guarantees and sureties for subsidiaries and third parties.