The company's purpose is to acquire, develop, hold, manage, rent, utilize and sell real estate. The company may enter into any business and conclude any contracts that are suitable to promote the purpose of the company or that are directly or indirectly related to it. In particular, it may engage in trade with products of any kind and acquire, utilize and sell rights, patents and licenses. Furthermore, it may establish branches in Switzerland and abroad and participate in or merge with other companies.