The company's purpose is to purchase and sell, manage, develop and hold real estate and properties, either directly or through subsidiaries. The company may establish branches or subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad or merge with them. It may enter into all transactions and conclude contracts that may be suitable to promote the purpose of the company or that are directly or indirectly related to it. The company may provide financing for affiliated companies, as well as guarantees and sureties for affiliated companies and third parties. The company may acquire, manage, encumber, exploit and sell intellectual property rights in Switzerland and abroad.