The company's purpose is: the administration, management and rental of its own properties, the purchase, construction and sale of its own properties in Switzerland and abroad. The company may carry out all operations related to the company's purpose as well as acquire and sell participations in other companies in the sector. The company may participate in other companies with a similar purpose. The company may establish new companies both in Switzerland and abroad as well as participate in similar companies both in Switzerland and abroad and establish branches anywhere.