The company's purpose is to plan, create, acquire and hold real estate, as well as to participate in companies of all kinds, particularly in the field of real estate management and development, operate hotels and catering companies, provide services in the catering and hotel industry, trade in catering products of all kinds, and carry out all related activities. The company is authorized to acquire, encumber, sell and manage real estate in Switzerland and abroad. The company may participate in other companies, acquire and sell other companies, establish branches and subsidiaries in Switzerland and abroad. It may acquire, manage and sell securities and intellectual property rights, and conduct all business directly related to the aforementioned purpose.