The company's purpose is to buy, sell and hold real estate and properties, as well as to develop plots of land on its own account and on behalf of third parties. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or merge with similar or related companies, and enter into any business and conclude any contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it. It may acquire, manage, encumber and sell properties, intellectual property rights and licenses of all kinds.