The company's purpose is to acquire property No. 54 in Kerns, to develop this property with a multi-family house and commercial space, and to maintain and rent the buildings on this property. It may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. It may acquire, hold and sell additional plots of land and properties. It may acquire, manage and sell intellectual property. It may carry out all commercial, financial and other activities that are connected with the purpose of the company.