The company's purpose is to acquire, hold, encumber and dispose of real estate and all activities related thereto. The company is authorized to conduct all business and take all measures that are suitable to serve the purpose of the company. Furthermore, the company may conduct all business that is beneficial to its shareholders and its direct and indirect subsidiaries. The company may provide financing transactions for group companies, in particular by granting loans to shareholders or group companies or by providing securities of all kinds to third parties for obligations of other group companies, even if such loans or securities are in the sole interest of direct or indirect shareholders or other group companies and are granted without consideration. In addition, it may operate a liquidity adjustment/concentration of net liquidity (cash pooling) with the aforementioned companies or join such a system, including periodic account balancing. All of this may be done by the company without consideration, on preferential terms, without interest, excluding the company's pursuit of profit and assuming cluster risks. The company is also authorized to establish or acquire companies or branches in Switzerland and abroad and to participate in such companies, also as a personally liable partner. The company may furthermore conduct all commercial, financial or other business that is suitable to promote the purpose of the company.
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