The company's purpose is to acquire, maintain, manage and sell real estate, operate restaurants, hotels and restaurants, as well as trade in luxury class automobiles. The company may participate in other companies, acquire or establish similar or related businesses, and acquire, utilize and sell properties. The company may conduct all other business that is suitable to promote or facilitate the development of the company and the achievement of its purpose, including participation in other companies in Switzerland and abroad of any kind. The company may establish branches in Switzerland and abroad by resolution of the board of directors.