The purpose of the company is the acquisition, management, rental, marketing, brokerage, leasing and financing as well as the purchase and sale of real estate and plots of land of all kinds in Switzerland and abroad (excluding businesses subject to the Federal Act on the Acquisition of Real Estate by Foreigners) and all related services. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies or merge with them. The company may, even without adequate consideration, conduct business with or for the benefit of related persons, in particular its shareholders and other group companies, notably grant loans to these persons or provide guarantees, sureties, mortgages or other securities to secure their liabilities. The company may acquire, hold, manage, encumber and dispose of properties in Switzerland and abroad. The company may conduct all business, enter into obligations and conclude contracts that are suitable to promote the company's purpose and the development of the business, or that are directly or indirectly related to it.