The company's purpose is to develop projects in the field of real estate, in particular the planning, development, construction and renovation of its own and third-party properties of all kinds. Furthermore, the company aims to buy and sell real estate. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire similar or related companies or merge with them, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it. It may acquire, manage, encumber and dispose of land, intellectual property rights and licenses of all kinds.