The company's purpose is to acquire, hold, manage, develop and sell residential and commercial properties. The company may establish subsidiaries and branches in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may also carry out all commercial, financial and other activities that are directly or indirectly related to the company's purpose or promote it. The company is authorized to take financing, restructuring and guarantee measures in favor of shareholders, group companies or third parties, as well as to grant loans to shareholders, group companies or third parties or provide security for their obligations.