The purpose of the company is to create, manage and rent as well as buy and sell properties. The company can carry out all legal transactions that are suitable to serve the realization of the company's purpose directly or indirectly. It can acquire, manage and sell real estate and participations in other companies as well as licenses, patents and other intellectual property rights in Switzerland and abroad. The company can establish branches and subsidiaries in Switzerland and abroad. It can also provide financing for its own account or for the account of third parties, as well as grant guarantees and warranties for subsidiaries and third parties.