The purpose of the company is to operate a boarding house and apartment hotel, as well as to plan and realize buildings, develop properties, finance, acquire and sell real estate, and provide all services in the real estate sector. The company can 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 can acquire, encumber, sell and manage real estate in Switzerland and abroad. It can also provide financing for its own account or for third-party account, as well as provide guarantees and sureties for subsidiaries and third parties.