The purpose of the company is the purchase and sale as well as the creation, holding and management of real estate, the investment and management of its own assets, the acquisition and holding of participations in companies or other rights, as well as commercial, financial and legal transactions of all kinds. The company may establish branches in Switzerland and abroad, take over and operate related business activities, participate in other companies in Switzerland and abroad, assume representations and enter into all transactions and conclude contracts that may be suitable to promote the purpose of the company or that are directly or indirectly related to it.