The company's purpose is to purchase, sell, build, rent, manage and broker real estate. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real property in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, and grant security for the liabilities of affiliated companies. In particular, the company may grant direct or indirect loans or other financing to its direct or indirect subsidiaries, its direct or indirect parent companies and their direct or indirect subsidiaries, as well as to third parties, and provide security of any kind for the liabilities of such companies, including by way of pledges or fiduciary transfers of the company's assets or by way of guarantees of any kind, whether remunerated or not.