The company's purpose is to trade and manage real estate, as well as to develop, design and architect real estate projects, including project development, construction management, design and architecture. The company may enter into all transactions, take all measures and conclude all contracts that are connected with or suitable to promote the company's purpose. The company may establish branches and subsidiaries in Switzerland and abroad and is authorized to acquire, encumber, sell and manage real estate and properties. The company may acquire licenses, participate in companies of the same or related industries. The company may also engage in all commercial, financial and other activities that are directly or indirectly related to the company's purpose and are suitable to promote the development of the company and the achievement of the company's purpose, directly or indirectly. In particular, it may also evaluate, exploit and manage intellectual property rights and industrial property rights of all kinds.