The company's purpose is the management, acquisition, and sale, as well as the construction and renovation of real estate, particularly properties, and additionally the short- or long-term rental, leasing, and operation of furnished apartments and serviced apartments and objects for accommodation and temporary use, as well as the provision of all related services, including commercial, financial, and other services. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, dispose of, and manage real property in Switzerland and abroad. It may also provide financing for its own or third-party account and enter into guarantees and sureties for subsidiaries and third parties. The company may engage in all commercial, financial, and other activities that are related to the company's purpose. Furthermore, the company may acquire, manage, and dispose of copyrights, patents, and licenses of all kinds.