The purpose of the company is the renovation, conversion and expansion as well as the operation of properties and the provision of all related work and services, in particular caretaker and cleaning services. The company also aims to operate sports and leisure facilities, trade in and distribute sports and leisure articles, as well as trade in goods of all kinds. The company can establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, 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. It can also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.