The company's purpose is the buying and selling of real estate, the management of real estate and real estate companies, construction consulting, renovations, the buying and selling as well as the management of securities. The company may establish branches and subsidiaries in Switzerland and abroad and may 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, dispose of, and manage real property in Switzerland and abroad. It may also provide financing for its own account or for the account of others as well as provide guarantees and sureties for subsidiaries and third parties.