The company's purpose is to purchase, develop, sell, rent and manage real estate, as well as to conclude all transactions related to these activities. The company may establish branches and subsidiaries in Switzerland and abroad, and participate in other companies in Switzerland and abroad, acquire or merge with similar or related companies, and 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 third-party account, as well as provide guarantees and sureties for its subsidiaries and third parties. It may participate in any form in other companies, merge with them, and establish, acquire, lease or otherwise acquire such companies, and conduct all transactions of any kind that are beneficial to the company's purpose.