The company's purpose is to acquire, hold and sell, as well as rent and operate, and trade in properties of all kinds. The company also aims to provide services in the field of real estate, in particular consulting, valuation, appraisal, marketing, brokerage, management, administration and project development. Furthermore, the company aims to realize construction projects of all kinds and to act as a general contractor in the construction industry. The company may enter into any business and conclude any contracts that are suitable to promote the purpose of the company or that are directly or indirectly related to it. In particular, it may acquire, manage and sell securities and intellectual property rights, take out loans and grant loans or other direct or indirect financing to third parties, including its shareholders, and provide collateral of all kinds for their liabilities, also by way of pledges on or fiduciary transfers of the company's assets, whether for consideration or free of charge. The company may also establish branches in Switzerland and abroad and participate in or merge with other companies.