The company's purpose is to develop, acquire, manage, encumber, operate, broker, rent and sell real estate, and to provide comprehensive services related to real estate. Furthermore, the company acquires, holds, manages and disposes of participations and financial investments on its own account and not on behalf of third parties. No activities requiring FINMA approval are carried out. In addition, the company may establish subsidiaries and branches in Switzerland and abroad, and acquire, hold, manage, encumber and sell participations and real estate in Switzerland and abroad. Moreover, the company may conclude transactions with or for the benefit of affiliated companies, in particular its direct or indirect shareholders and other group companies, even without adequate consideration. It may grant loans to group companies or provide security for their obligations. Finally, the company may engage in any other activity that is directly or indirectly related to the aforementioned purposes.