The company's purpose is to acquire, hold and sell real estate in compliance with applicable laws (in particular the Federal Act on Acquisition of Real Estate by Persons Abroad), as well as to develop, plan, market, project, build, operate, manage, rent and lease such real estate. The company may also purchase and sell, hold and manage companies and participations in compliance with applicable laws (in particular the Federal Act on Acquisition of Real Estate by Persons Abroad). Furthermore, the company may provide organizational, technical, financial and administrative services to affiliated companies or third parties. The company may establish branches in Switzerland and abroad and, in compliance with applicable laws (in particular the Federal Act on Acquisition of Real Estate by Persons Abroad), participate in other companies in Switzerland and abroad, acquire similar or related companies or merge with them. It may take all measures, enter into transactions and conclude contracts that are suitable to achieve, promote or are directly or indirectly related to the company's purpose.