The purpose of the company is the acquisition, sale, holding, management and administration of real estate, as well as all services related to the aforementioned activities. Furthermore, the company aims to acquire, hold, manage and sell participations in domestic and foreign companies. The company may conduct all business that is directly or indirectly suitable to serve the company's purpose or promote the development of the company. It may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and 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 warranties for subsidiaries and third parties.