The purpose of the company is to hold, manage, acquire and sell participations in companies of all kinds in Switzerland and abroad, in particular in the real estate sector. The company may establish subsidiaries, set up branches in Switzerland and abroad, acquire or merge with similar or related companies, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it. The company may acquire, hold, develop, manage, encumber and sell properties of all kinds. It may also acquire, manage, encumber and sell intellectual property rights and licenses, as well as provide financing for affiliated companies and enter into guarantees and sureties.