The company's purpose is: the purchase and sale of properties and plots of land of all kinds, as well as building land and building rights; the development and construction of plots of land; the takeover of rentals and management, as well as the brokerage of real estate. The company may establish branches and subsidiaries in Switzerland and abroad and 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, 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.