The company's purpose is to acquire, sell, build, operate and rent restaurants, hotels and other catering establishments, to plan, create, acquire and hold real estate, as well as to participate in companies of all kinds, particularly in the field of real estate management and marketing. The company is authorized to acquire, encumber, sell and manage real estate in Switzerland and abroad. The company can participate in other companies, acquire or sell other companies, establish branches and found subsidiaries in Switzerland and abroad. It can acquire, manage and sell securities and intellectual property rights and conduct all business directly or indirectly related to the aforementioned purpose.