The purpose of the company is to acquire, hold, rent, develop and sell real estate in Switzerland and abroad. 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. It may carry out financial transactions of all kinds in Switzerland and abroad, in particular financing for its own account or for the account of third parties, and grant guarantees and sureties for subsidiaries and third parties.