The purpose of the company is to manage and operate commercial centers and to acquire, hold and dispose of real estate and properties of all kinds. It can encumber, rent, lease, manage, broker, finance, lease, renovate and rebuild properties. Furthermore, it can establish condominium ownership. The company can operate unrestrictedly in Switzerland and abroad, establish and operate branches in Switzerland and abroad, participate in other companies and conduct all business that is directly or indirectly related to its purpose. It can also provide financing for its own account or for third-party account, as well as provide guarantees and sureties for subsidiaries and third parties.