The company's purpose is to manage its own assets, in particular the acquisition, management, exploitation and sale of real estate, as well as the investment and management of securities and bonds. The company may also conduct interest-bearing transactions within the framework of private asset management. The company does not engage in any activities that require authorization under applicable law. 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. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for its subsidiaries and third parties.