The company's purpose is to develop and operate a real estate portfolio, participate in real estate or real estate companies, develop projects and provide services in the field of real estate, as well as perform administrative and advisory activities of all kinds. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and 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 securities for the liabilities of affiliated companies.