The company's purpose is to acquire, construct, encumber, broker, manage and sell real estate abroad. The company can conduct all business related to this activity. Furthermore, it engages in the trade of leather and leather goods. The company can establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business directly or indirectly related to its purpose. It can also provide financing for its own account or for third-party account and grant securities for liabilities of affiliated companies.