The purpose of the company is to acquire, hold and dispose of real estate and participations in companies, in particular in real estate companies in Switzerland. The company may participate in real estate development companies that either already hold options for the construction of residential, commercial and office properties or develop their own projects. The company may establish branches in Switzerland and abroad, found companies and businesses or participate in them, as well as conduct all commercial, financial or other transactions that may be directly or indirectly related to the company's purpose. The company may acquire, manage, encumber, utilize and sell properties and intellectual property rights in Switzerland and abroad.