The company's purpose is to hold, manage and trade in real estate in Switzerland and abroad. The company may establish branches, participate in other companies in Switzerland and abroad, acquire or merge with similar or related companies, acquire or sell properties, 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 conclude all legal transactions and is particularly authorized to perform all acts that are directly or indirectly suitable to serve the purpose of the company.