The company's purpose is to acquire properties in Switzerland and to renovate, manage, rent and sell them. In particular, properties 481 (Seestrasse 170, Steckborn) and property 482 (Seestrasse 170a, Steckborn) are acquired, renovated and rented or sold after completion. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for third-party account, as well as provide guarantees and sureties for subsidiaries and third parties.