The purpose of the company is the purchase, resale, development and redevelopment as well as the management of real estate of any kind. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or establish such companies, acquire, exploit and sell industrial property rights, know-how, intellectual property rights and land, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it.