The company's purpose is to design, construct, trade in and manage properties. The company can manage, purchase and sell real estate and plots of land in Switzerland and abroad; grant licenses and franchises; also arrange financing for affiliated companies and third parties; furthermore, acquire, manage, broker and utilize assets in Switzerland and abroad, as well as conduct all business and conclude contracts that are suitable to promote or facilitate the development of the company and the achievement of its purpose; participate in and acquire companies in Switzerland and abroad; and also merge with other companies.