The company's purpose is: a) The purchase and sale as well as the management of real estate; b) The acquisition of shares and participations of all kinds in companies with the same or similar purpose. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. 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 grant guarantees and sureties for subsidiaries and third parties. Furthermore, the company may conduct all business that is related to its purpose or suitable for promoting it.