The company's purpose is to acquire, hold and manage real estate. To this end, the company may acquire and sell real estate, lease and sublease it, construct, manage, maintain, rent and lease buildings of all kinds, and encumber the real estate with mortgages, easements and other charges. 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 that is directly or indirectly related to its purpose. 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, as well as provide guarantees and sureties for its subsidiaries and third parties.