The purpose of the company is the direct and indirect acquisition, holding, management and exploitation of real estate, as well as the construction, development, rental or sale of buildings. The company can acquire, hold, manage and sell participations in companies of all kinds in Switzerland and merge with such companies. The company can also conclude all transactions and enter into agreements that serve the company's purpose directly or indirectly or are related to it. The company can establish branches and subsidiaries in Switzerland and abroad.