The company's purpose is to acquire, renew, manage, broker and trade in real estate in Switzerland and abroad, for itself or for third parties. The company may enter into any business and conclude any contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it. Furthermore, the company may establish branches in Switzerland and abroad, participate in other companies or merge with them. The company may acquire, hold, encumber, manage, renew and sell properties.