The purpose of the company is the acquisition, management, holding and disposal of real estate. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire, manage, use and transfer licenses, patents and other intangible rights, 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. Furthermore, the company may grant loans or other financing to third parties, including its direct or indirect shareholders or their direct or indirect subsidiaries, conclude cash pooling agreements with these third parties, and provide securities and guarantees of all kinds for their liabilities, in particular even if such transactions are in the exclusive interest of these third parties.