The company's purpose is to acquire, hold and manage as well as to sell real estate and participations of all kinds in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad, as well as acquire, hold and sell patents, trademarks, copyrights, design rights and all other intellectual property rights. The company may conduct any further business and take any measures that appear suitable to promote the purpose of the company or are directly or indirectly related to it.