The company's purpose is to purchase, sell and manage real estate. The company can acquire, encumber, sell and manage real estate in Switzerland and abroad, arrange financing for its own account or for third parties, and provide guarantees and sureties for subsidiaries and third parties. The company can take out and grant loans, provide guarantees and other securities, acquire, manage and exploit intellectual property rights, patents and licenses. The company can participate in other companies of the same or different kind in Switzerland and abroad and conclude all legal transactions that are suitable to promote the company's purpose. The company can establish branches in Switzerland and abroad.