The company's purpose is to acquire, develop, hold, manage, market and exploit properties, real estate, real estate projects and real estate of all kinds, as well as to acquire, develop, hold, manage and exploit direct and indirect participations in companies, in particular in companies in the real estate sector. The company may not conduct any business that requires a license under Swiss banking or stock exchange legislation and/or legislation on collective capital investments. The company may establish branches and subsidiaries in Switzerland and abroad, acquire, hold, manage, exploit and sell intellectual property rights, financial instruments and products, finance affiliated companies and carry out all commercial, financial and other activities that are directly or indirectly related to the company's purpose.