The company's purpose is to acquire, hold and sell its own properties and plots of land in Switzerland and abroad, as well as to plan, build, develop, manage, acquire, sell, broker and trade its own and third-party properties and plots of land in Switzerland and abroad, and to provide all services related to these activities, in all cases limited to properties and plots of land that are not subject to authorization under the Federal Act on the Acquisition of Real Estate by Persons Abroad (BewG) of December 16, 1983. The company may enter into any business that is suitable to promote the purpose of the company or that is directly or indirectly related to it. In particular, it may establish branches in Switzerland and abroad, participate in other companies or merge with them.