The purpose of the company is the development of real estate projects and the trade, holding, acquisition, financing, rental, management, etc. of properties in Switzerland and abroad, with the exception of transactions excluded by the Federal Act on the Acquisition of Real Estate by Persons Abroad (BewG). The company may establish subsidiaries and branches in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may acquire, hold, manage and dispose of properties and intellectual property rights. The company may also carry out all commercial, financial and other activities that are directly or indirectly related to the purpose of the company. The company is authorized to take financing, restructuring 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 or to provide security for their obligations.