The company's purpose is to purchase and sell, hold, manage and rent properties in Switzerland and abroad that serve as permanent business establishments, to plan and execute new and renovation projects of all kinds, as well as to finance group companies. The company 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. It may also provide financing on its own account or on behalf of third parties, as well as grant guarantees and sureties for subsidiaries and third parties.