The company's purpose is to purchase and sell as well as manage properties of any kind in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, or acquire similar or related companies in Switzerland and abroad. The company may acquire, sell, encumber and manage plots of land. The company may enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it.