The company's purpose is to provide all service activities in the real estate and hotel sector, as well as planning and realization of real estate and hotel projects in Switzerland and abroad. The company may participate in other companies, acquire or sell other companies. Furthermore, the company may acquire, manage and sell securities, take out and grant loans, provide guarantees and other securities, acquire, manage and exploit intellectual property rights. The company may also conduct all business that is suitable to promote the achievement of the company's purpose or is directly or indirectly related to it. The company may also establish branches and subsidiaries in Switzerland and abroad and participate in other companies. It may acquire, encumber, sell and manage real estate in Switzerland and abroad.