The company's purpose is to acquire, develop, manage and sell real estate and participations, as well as to acquire, encumber, sell and manage real property and to carry out financing. The company may conduct all other commercial, financial or other business activities that are directly or indirectly related to its purpose, or that are suitable to promote it. Furthermore, the company may establish branches and subsidiaries in Switzerland and abroad, acquire, hold, manage and sell participations in domestic and foreign companies, as well as acquire, rent or lease, hold, encumber and sell real property in Switzerland and abroad. It may also provide financing for its own account or for third-party account, grant guarantees and sureties for subsidiaries and third parties, and provide additional services to affiliated companies.