The company's purpose is: the purchase, sale, construction, transformation and operation of all real estate, the creation and disposal of all real estate rights, the administration and management of capital in any form, the representation of commercial, industrial and financial companies. The trade in horses and the promotion of sports horses. For the above purposes, the company may conduct real estate, commercial and financial transactions in Switzerland and abroad, on its own account or on behalf of third parties, act as an intermediary for such transactions, negotiate them and seek all opportunities to conclude them. The company may assume participations in all Swiss or foreign companies.