The company's purpose is to hold, acquire, manage, rent, administer and sell properties of all kinds. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire similar or related companies, acquire licenses, patents and other intangible assets as well as real estate, develop, encumber or resell 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, including financing for its own account or for the account of third parties, as well as providing guarantees and sureties for group companies and third parties.