The company's purpose is to acquire, construct, renovate, maintain, rent, manage and sell residential, commercial and industrial properties, as well as plots of land in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies. It may acquire, manage and sell securities, as well as acquire or sell patents and licenses. Furthermore, the company may conduct any business that is likely to promote the development of the company and the achievement of its purpose.