The purpose of the company is to hold and manage real estate and participations. Furthermore, the company aims to buy and sell, as well as to newly build and renovate properties and plots of land, and to carry out all related business. For investment purposes, it can also conduct financial transactions of all kinds. The company can establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, establish, acquire or merge with similar or related companies. It can also enter into all business transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it.