The company's purpose is to acquire, hold, sell, manage and broker real estate, as well as to plan and execute new and renovation projects in Switzerland and abroad. The company may enter into any business and conclude contracts that are suitable to promote the purpose of the company or that are directly or indirectly related to it. The company may acquire, encumber, manage and dispose of securities. It may take out and grant loans, provide guarantees and other securities, acquire, manage and exploit intellectual property rights. Furthermore, it may establish branches and subsidiaries in Switzerland and abroad, participate in other companies or merge with them.