The purpose of the company is the marketing of real estate, the purchase and sale, development, rental and management of real estate, in particular in the hotel and leisure sector. The company can carry out everything that is connected with the aforementioned purposes in the broadest sense, both on its own account and on behalf of third parties. The company can establish branches and subsidiaries in Switzerland and abroad and participate in or acquire other or similar companies in Switzerland and abroad, take over representations in its own name or on behalf of third parties, and conduct all business that is directly or indirectly related to its purpose. The company can acquire, encumber, sell and manage real estate in Switzerland and abroad.