The company's purpose is to acquire, encumber, manage and dispose of real estate, as well as to develop and realize real estate projects in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire, manage, exploit and dispose of concessions, licenses, patents and other intellectual property rights, provide financing on its own account or on behalf of third parties, and grant guarantees and warranties for subsidiaries and third parties, and in general conduct all business that is directly or indirectly related to its purpose.