The company's purpose is to acquire, develop, manage and sell real estate and land in Switzerland and abroad. The company may establish subsidiaries and branches in Switzerland and abroad, as well as participate in other companies in Switzerland and abroad. It may provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for its subsidiaries and third parties. It may acquire, encumber, manage and sell copyrights, patents and licenses of all kinds. Furthermore, it may conduct all business that is suitable to promote the development of the company and the achievement of its purpose.