The company's purpose is to acquire, manage, sell, encumber, trade, exchange, renovate and develop real estate and land. The company may enter into any business and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related thereto, in particular the taking up and granting of loans as well as the acquisition and exploitation of intellectual property rights. Furthermore, it may establish branches and subsidiaries in Switzerland and abroad, as well as participate in other companies. The company may trade in goods of all kinds on its own account, as a commission agent or as an agent for third parties in Switzerland and abroad, and provide services in the field of real estate management. It may also provide financing for its own account or for the account of third parties, as well as enter into guarantees and sureties for subsidiaries and third parties.