The company's purpose is to acquire, sell, rent, develop and manage real estate in Switzerland and abroad, as well as to carry out all related planning and execution work for conversions, extensions and new constructions, renovations and changes of use. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and 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 for its own account or for the account of third parties, as well as provide security for the liabilities of affiliated companies.