The company's purpose is to acquire, develop, encumber, sell, broker, finance and manage real estate of all kinds for its own account or for third-party account. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or merge with similar or related companies, and conduct all business directly or indirectly related to its purpose. It may also provide financing for its own account or for third-party account, as well as provide guarantees and sureties for its subsidiaries and third parties. Furthermore, the company may acquire, hold, broker, grant, manage, administer and sell any kind of licenses or rights.