The company's purpose is to acquire, manage, administer, encumber, sell and rent real estate. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or merge with similar or related companies, and conduct any business that is connected with or suitable to promote the purpose of the company. The company may also provide financing for its own account or for third-party account, as well as grant guarantees and sureties for its subsidiaries and third parties.