The company's purpose is the direct and indirect acquisition, holding and management as well as the sale of commercial properties, residential properties and plots of land, as well as participations in companies active in the real estate sector. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire similar or related companies or merge with them, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it. 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.