The company's purpose is to hold, manage, buy and sell real estate and participations in other companies. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and acquire and sell real estate in Switzerland and abroad. Furthermore, the company may conduct all business that is suitable to promote or facilitate the achievement of its purpose. The company may grant loans or other financing to its direct or indirect subsidiaries or its direct or indirect parent companies and their direct or indirect subsidiaries, as well as to third parties, and provide security of any kind for the liabilities of these companies, including by way of pledges or fiduciary transfers of the company's assets or by guarantees of any kind, whether paid or unpaid.