The company's purpose is to acquire, develop, manage and sell real estate and participations, as well as to acquire, encumber, sell and manage real property, and to carry out financing activities. The company may engage in any other commercial, financial or other business activities that are directly or indirectly related to the company's purpose or are suitable for promoting it. Furthermore, the company may establish branches and subsidiaries in Switzerland and abroad, acquire, hold, manage and sell participations in domestic and foreign companies, acquire, rent or lease real property in Switzerland and abroad, hold, encumber and sell it. It may also carry out financing activities on its own account or on behalf of third parties, grant guarantees and sureties for subsidiaries and third parties, and provide additional services to affiliated companies.