The company's purpose is to acquire, build and renovate properties in urban central locations, in particular properties with gastronomy and/or hotel operations. The company can plan and realize the construction or renovation of commercial and residential properties. It can acquire, hold, rent, manage and sell properties and trade in properties. The company can also conduct financing, investment and lending transactions for its own account or for the account of third parties, as well as provide guarantees and sureties and grant securities in favor of third parties, and conduct all business that serves to promote the company's purpose and is directly or indirectly related to it. The company can establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad.