The purpose of the company is the acquisition, development, sale, management, rental and leasing of properties of all kinds in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, in whole or in part. The company may acquire, hold and sell intellectual property rights. The company may carry out all commercial, financial and other activities that are connected with the purpose of the company and promote or facilitate it. In particular, it may grant and receive loans. Furthermore, it may assume liability for financial obligations of group companies and provide securities for the obligations.