The company's purpose is to acquire, hold and manage, as well as to sell real estate and to construct buildings. The company may participate in other companies, acquire similar or related companies, or merge with such companies. It may acquire, manage and sell real estate, establish branches and subsidiaries in Switzerland and abroad, and participate in other companies in Switzerland and abroad. The company may also acquire, hold and sell intellectual property rights. Furthermore, the company may engage in all commercial, financial and other activities that are directly or indirectly related to the company's purpose. The company is authorized to take financing, restructuring and guarantee measures in favor of shareholders, group companies or third parties, as well as to grant loans to shareholders, group companies or third parties or to provide security for their obligations.