The company's purpose is to acquire and develop properties on its own account and on behalf of third parties; to trade, manage and rent properties in Switzerland and abroad. It may participate in other companies, acquire or sell rights, patents and licenses, establish branches and enter into all transactions and contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it. 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 on behalf of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.