The company's purpose is to acquire, manage and sell, as well as to construct and rent out real estate. The company can acquire, sell, manage and encumber real estate in Switzerland and abroad. The company can enter into any business and conclude contracts that are suitable to promote the purpose of the company or that are directly or indirectly related to it, and can also establish branches in Switzerland and abroad and participate in or merge with other companies. It can also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties. The company's activities extend to Switzerland and abroad.