The company's purpose is to operate serviced apartments and other accommodations for short-term and long-term stays, as well as to hold investments in companies with this business purpose, including transactions that are directly or indirectly suitable to serve the business purpose. The company may establish branches and subsidiaries in Switzerland and/or abroad, invest in other companies in Switzerland and/or abroad, acquire, hold, encumber, and dispose of real estate or intellectual property rights in Switzerland and/or abroad, and conduct all commercial, financial, or other transactions that are directly or indirectly related to the company's purpose. Furthermore, the company may grant loans or other financing, with or without compensation, to its direct or indirect shareholders, their direct or indirect subsidiaries, and third parties, and provide security for the liabilities of such persons or group companies in various forms, including guarantees, pledges, and fiduciary transfers of the company's assets. Additionally, the company may engage in or participate in liquidity equalization/net liquidity centralization (cash pooling), including periodic balance adjustments (balancing), with group companies, with or without compensation, at preferential terms, interest-free, without the intention of making a profit, and assuming clustering risks.
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