The company's purpose is to carry out all types of real estate transactions, in particular the purchase, sale, management, rental and leasing of properties, and may also conduct all business that is directly or indirectly related to its main purpose. The company may establish subsidiaries and branches in Switzerland and abroad. The company may, subject to applicable legal provisions (in particular the Federal Act on the Acquisition of Real Estate by Persons Abroad), acquire, manage, encumber and dispose of participations and properties in Switzerland and abroad. The company may conclude transactions with or for the benefit of affiliated companies, in particular its direct or indirect shareholders and other group companies, even without adequate consideration. It may grant loans and other direct or indirect financing to group companies or provide security for their obligations, including within the framework of cash pooling agreements. The company may engage in any further activity that is directly or indirectly related to the aforementioned purposes.