The company's purpose is to build, market and manage real estate; to hold participations; to acquire and sell real estate and chattels; to carry out all commercial, financial and other activities as well as all activities directly or indirectly related to this purpose. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad.