The company's purpose is to acquire, hold, manage, develop, sell and exploit real estate in Switzerland and abroad, as well as to accommodate guests. The company may establish subsidiaries and branches and participate in other companies. The company may acquire, hold, encumber and sell plots of land and intellectual property rights. The company may also carry out all commercial, financial and other activities that are directly or indirectly related to the company's purpose. The company may grant loans and other direct or indirect financing to group companies and third parties, including its (direct and indirect) shareholders and their group companies, including within the framework of cash pooling agreements, and provide security of all kinds for their liabilities, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether remunerated or not.