The company's purpose is to acquire, manage and dispose of real estate, as well as to carry out all related legal transactions. The company is authorized to conclude all transactions and take all measures that are connected with the purpose and suitable to promote it. 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 the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties.