The company's purpose is to trade in real estate, in particular the acquisition, marketing, management and sale of plots of land, as well as the development and realization of real estate projects. The company may establish branches and subsidiaries in Switzerland and abroad and 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, sell and manage real estate in Switzerland and abroad. It may also provide financing and loans on its own account or on behalf of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.