The company's purpose is to acquire, develop, utilize and manage properties on its own account and on behalf of third parties, as well as to provide services of all kinds in the real estate sector. Furthermore, the company may participate in other companies, primarily those in the real estate industry. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or merge with similar or related companies. In addition, the company may acquire, manage and sell industrial property rights, know-how and intellectual property rights, and enter into all transactions and conclude contracts that are suitable to promote the company's purpose or are directly or indirectly related thereto. It may acquire, hold, encumber and sell real estate in Switzerland and abroad, with the exception of real estate transactions prohibited by the Federal Act on the Acquisition of Real Estate by Persons Abroad (BewG). It may also provide financing for its own account or on behalf of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.