The company's purpose is to acquire and sell properties and plots of land, and to develop, rent, broker and manage real estate of all kinds, as well as to carry out renovations and conversions on these properties. The company may establish branches and subsidiaries in Switzerland and abroad, and may 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 on its own account or on behalf of third parties, and grant security for liabilities of affiliated companies.