The company's purpose is to carry out property developments as a building owner or general contractor, to buy, sell and manage properties, to manufacture, rent and repair sports equipment of all kinds and to trade in textiles. The company may establish branches and agencies in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or merge with similar or related companies, acquire, hold and sell securities and intellectual property, and enter into any business and conclude any contracts that are suitable to promote the purpose of the company directly or indirectly, or which relate to the investment or management of the company's assets.