The company's purpose is to purchase and sell, manage and administer real estate. The company is authorized to take financing, renovation and intercession measures in favor of shareholders, group companies or third parties, as well as to grant loans to shareholders, group companies or third parties, if this is beneficial to the interest of one or all of the aforementioned persons. Furthermore, it can participate in other companies, establish branches and agencies in Switzerland and abroad, found subsidiaries, acquire, manage and sell intellectual property rights, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company directly or indirectly or which concern the investment and management of the company's assets.