The company's purpose is to purchase, sell, hold, manage, rent and develop commercial, industrial and residential properties, as well as to acquire, hold, manage, dispose of and finance direct and indirect participations in companies of all kinds in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose or is suitable for promoting it. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.