The company's purpose is the acquisition, holding, and management of as well as trading in real estate, including participations in real estate companies. Furthermore, the company aims to realize real estate and project development as well as to provide services in the real estate sector. The company may establish branches and subsidiaries in Switzerland and abroad and may 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, dispose of, and manage real property in Switzerland and abroad. It may also provide financing on its own account or on behalf of others as well as provide guarantees and sureties for subsidiaries and third parties.