The company's purpose is to acquire, hold, rent and sell developed and undeveloped properties in Switzerland and abroad, and to develop, plan, design and realize construction projects on its own account or on behalf of third parties. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire, encumber, sell and manage real estate, arrange financing on its own account or on behalf of third parties, and conduct all business that is directly or indirectly related to its purpose.