The company's purpose is to acquire, develop, manage, rent and sell properties. 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 acquire, encumber, sell and manage assets in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties, acquire, manage, broker and realize them, and enter into all transactions and conclude contracts that are suitable to promote or facilitate the development of the company and the achievement of its purpose.