The purpose of the company is the acquisition, sale, administration and rental of real estate, as well as its construction and brokerage. The company may establish branches in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as carry out all transactions directly or indirectly related to its purpose. It may also grant loans on its own account or on behalf of third parties, as well as assume guarantees and sureties for controlled companies and third parties. In addition to its own properties, the company may carry out its activities on behalf of third parties, provided that this does not require special legal authorizations that the company does not possess.