The company's purpose is to acquire, construct, expand and renovate properties, as well as manage, lease, rent and maintain real estate. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, assume representations and enter into all transactions and conclude contracts that may be suitable to promote the purpose of the company or that are directly or indirectly related to it. Furthermore, the company may conduct all business that is suitable to promote the development of the company and the achievement of its purpose.