The company's purpose is to acquire, sell, create, develop, hold and manage properties in Switzerland and abroad, as well as to carry out project developments related to properties. The company may encumber real estate in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.