The company's purpose is to acquire, develop, manage and sell real estate. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies and conduct all business that is suitable to promote the development of the company and its purpose. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, 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 subsidiaries and third parties.