The company's purpose is to conduct real estate transactions of all kinds, in particular trading in real estate, as well as renting, renovating, brokering and managing them in Switzerland and abroad. 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 for its own account or for the account of third parties, as well as provide security for the liabilities of affiliated companies.