The company's purpose is to acquire, hold, manage, sell and finance direct and indirect participations in companies of all kinds in Switzerland and abroad, in particular in the field of management, administration, holding, development, purchase and sale of 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, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, grant loans and other financing to shareholders and affiliated companies in the interest of the group, and provide collateral of all kinds for the liabilities of shareholders and affiliated companies. Furthermore, the company may engage in all commercial, financial and other activities that are directly or indirectly related to the purpose of the company or its individual companies.