The company's purpose is to acquire, manage and hold real estate. The company may engage in any business that is suitable to promote the purpose of the company or that is directly or indirectly related to it. Furthermore, it may establish branches and subsidiaries in Switzerland and abroad and participate in or merge with other companies in Switzerland and abroad. 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 the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties.