The company's purpose is to buy, sell, rent and manage properties, as well as to construct residential and commercial buildings. The company may conduct all business activities that are directly or indirectly related to its purpose. The company may establish branches and subsidiaries, and participate in or hold and sell interests in other companies in Switzerland and abroad. The company may acquire, encumber, sell and manage real estate, patents, trademarks, designs and models, and other intellectual property rights in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, and grant guarantees and warranties for its subsidiaries and third parties.