The company's purpose is to acquire, develop and manage real estate on a long-term basis, as well as to sell it. The company may establish branches and subsidiaries in Switzerland and abroad, and participate in other companies in Switzerland and abroad. It may also acquire or merge with similar or related companies. Furthermore, it may grant loans or provide securities for third-party liabilities, and conduct all business that is directly or indirectly related to its purpose or suitable to promote it.