The company's purpose is to acquire, develop, renovate, manage and sell properties of all kinds, as well as to trade in them. The company may establish branches and subsidiaries in Switzerland and abroad, acquire, manage and sell participations, and provide financing for third parties or affiliated companies on its own account or on behalf of others. The company may also provide guarantees and sureties for affiliated companies and third parties. The company may acquire, hold and sell real estate, as well as patents, trademarks, copyrights, design rights and all other intellectual property rights in Switzerland and abroad. The company may engage in all commercial, financial and other activities that are connected with its purpose.