The company's purpose is to develop concepts, plan, finance, establish, organize, rent, lease and operate hospitality and retail premises. Additionally, the company aims to provide hospitality services, in particular, the organization of events. Furthermore, the company aims to trade in goods of all kinds. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for third-party accounts, as well as provide guarantees and sureties for subsidiaries and third parties.