Real estate company for the purchase and sale of properties, their development, rental and management, as well as for the development of land on its own account or on behalf of third parties, primarily in Switzerland. The company may conduct all business and take all measures that appear suitable to promote the purpose of the company or are directly or indirectly related to it. The company may establish or acquire branches or subsidiaries in Switzerland and abroad, as well as acquire, encumber or sell properties. It may also provide financing on its own account or on behalf of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.