The company's purpose is to buy and sell, as well as manage, real estate, develop plots of land on its own account or on behalf of third parties, and build and operate pensions, hotels, and restaurants. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies, acquire or establish similar or related companies, acquire, encumber, and sell plots of land, and enter into any business and conclude any contracts that are suitable to promote the company's purpose or are directly or indirectly related to it. It may also provide financing on its own account or on behalf of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.