The company's purpose is to buy and sell as well as manage real estate. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may acquire, hold, manage, encumber, utilize and sell plots of land and intellectual property rights in Switzerland and abroad. The company may carry out all commercial, financial and other activities that appear suitable to promote the purpose of the company directly or indirectly, or that are related to it. The company is authorized to take financing, restructuring and intercession measures in favor of shareholders, group companies or third parties, as well as to grant loans to shareholders, group companies or third parties or to provide security for their obligations.