The purpose of the company is the acquisition, holding and disposal of commercial and residential properties in Switzerland and abroad, the management and brokerage of plots of land and the planning and execution of new and renovation projects. The company may establish branches in Switzerland and abroad, take over representations and enter into all transactions and conclude contracts that may be suitable to promote the purpose of the company directly or indirectly. It may grant loans or other financing to its direct or indirect parent companies and their direct or indirect subsidiaries, and provide security of any kind for liabilities of such other companies, including the granting of pledges or fiduciary transfers of the company's assets or the granting of guarantees of any kind, whether against payment or not.