The purpose of the company is the construction, acquisition, holding, management and disposal of residential and commercial properties as well as other real estate. The company may acquire, hold, manage and dispose of participations in companies of all kinds in Switzerland and abroad. The company may also conclude all transactions and enter into agreements that serve the company's purpose directly or indirectly or are directly related thereto. The company may grant loans or other financing to its direct or indirect subsidiaries and provide securities of all kinds for liabilities of such companies, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether against payment or not. The company may establish branches and subsidiaries in Switzerland and abroad.
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