The company's purpose is to develop and realize projects, provide consulting services, and operate and manage leisure, art and cultural facilities, galleries, and spa facilities. The company may establish branches and subsidiaries in Switzerland and abroad. The company is authorized to acquire, encumber, sell, and manage real estate in Switzerland and abroad. The company may also conduct business that is suitable to promote the development of the company and the achievement of its purpose, or that is directly or indirectly related to it. Furthermore, it may acquire, encumber, mortgage, sell, and manage properties in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose or the investment of its assets.