The company's purpose is the management and rental of houses and apartments. The company can enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it. The company can also enter into cooperations and/or joint ventures with other companies in Switzerland and abroad, establish branches in Switzerland and abroad, and acquire, hold, manage and sell participations in other companies in Switzerland and abroad. Furthermore, it can acquire, broker, manage, encumber, utilize and sell properties in Switzerland and abroad. It can also provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties.