The company's purpose is to establish, rent, manage and operate, as well as trade in real estate, and to trade in and manage participations, and to carry out financing. 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 carry out financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.