The purpose of the company is the acquisition, sale and management of real estate as well as participations in companies that are directly or indirectly involved in the acquisition, management and financing of properties. Furthermore, it aims to carry out consulting mandates of all kinds in connection with the acquisition, sale and holding of real estate. The company is authorized to acquire, encumber, sell and manage real property in Switzerland and abroad. The company may acquire patents and licenses and, in general, conduct all business that is suitable to promote the development of the company and the achievement of its purpose.