The company's purpose is the development, creation, renovation, rehabilitation, rental and operation of commercially and privately used properties in Switzerland and abroad; can take out, broker and grant financing related to this, acquire, hold, sell and manage plots of land and properties or conclude other contracts related to properties. The company can 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. The company can acquire, encumber, sell and manage real estate in Switzerland and abroad. It can also carry out financing for its own account or for the account of third parties, as well as provide securities for the liabilities of affiliated companies.