The company's purpose is to acquire, hold and operate real estate. Furthermore, it aims to develop, market and implement real estate projects, as well as to realize overbuilding and to buy and sell properties. The company can also make investments in securities of any kind. The company can 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 can acquire, encumber, sell and manage real estate in Switzerland and abroad. It can also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.