The company's purpose is to acquire, develop, sell, manage, rent and lease properties of all kinds in Switzerland and abroad. Furthermore, the company may conduct any business that is suitable to promote or facilitate the development of the company and the achievement of its purpose, such as acquiring, holding and managing participations, establishing branches in Switzerland and abroad, and participating in other companies of a similar nature. It also aims to operate hotels, manage gastronomic establishments and offer accommodation and catering services. The company may also participate in group financing, provide guarantees or other securities.