The purpose of the company is to acquire, hold, manage, develop, rent, operate, create, renovate, broker, and sell real estate of all kinds, on its own account and on behalf of third parties. The company may also conduct financial, rental, and leasing transactions of all kinds. The company may establish subsidiaries and branches in Switzerland and abroad and participate in other companies. Furthermore, it may conduct all business and conclude contracts that are suitable to promote or facilitate the development of the company and the achievement of its purpose or are otherwise directly or indirectly related thereto. In this context, it may also engage in cultural activities and acquire, encumber, exploit, and sell intellectual property rights in Switzerland and abroad. It may also provide financing for its own account and on behalf of third parties, as well as grant guarantees and sureties for subsidiaries, sister companies, and third parties.