The purpose of the company is the management, rental and brokerage of properties, as well as the acquisition, encumbrance, sale and development of properties of all kinds, including condominium ownership in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad, as well as acquire, hold, manage and sell participations in companies of all kinds. Furthermore, it may carry out financing for its own account or for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties, and conduct foreign exchange and financing transactions of all kinds. The company may engage in all commercial, financial and other activities and enter into transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it.