The company's purpose is to acquire, hold, manage and dispose of properties in Switzerland. It may establish branches or subsidiaries and conduct all commercial, financial or other business that is suitable to promote the purpose of the company or is directly or indirectly related to it, including granting loans, guarantees, assuming guarantees and providing other securities. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and guarantees for subsidiaries and third parties.