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