The purpose of the company is to acquire, hold, sell and broker properties and plots of land, to develop properties on its own account and on behalf of third parties, to take over related management and participations in companies active in the real estate sector. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as 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. It may also provide financing for its own account or for third-party account, as well as provide guarantees and sureties for subsidiaries and third parties. Furthermore, the company may conduct all business that is conducive to achieving its corporate purpose.