The company's purpose is to provide services related to real estate on its own account or on behalf of third parties; in particular, real estate maintenance, renovation of properties, purchase and sale of real estate and companies (including participations). The company may engage in all commercial, financial and other activities that are connected with the company's purpose. It may acquire, manage, encumber and sell properties. 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 on behalf of third parties and grant securities for liabilities of affiliated companies.