The company's purpose is to acquire, hold, manage (including renting) and sell properties and real estate of all kinds, mainly in Switzerland and also abroad, as well as to construct real estate on behalf of the company or on behalf of third parties. The company may participate in other companies in Switzerland and abroad, acquire or establish similar or related companies, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it. The company may acquire, encumber and dispose of intellectual property rights in Switzerland and abroad. By resolution of the board of directors, the company may establish branches and agencies in Switzerland and abroad.