The company's purpose is to acquire, hold, manage and sell properties of all kinds and develop real estate projects, as well as conduct financing transactions related thereto. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies. The company is authorized to acquire, encumber, sell and manage licenses, patents and other intangible assets as well as real estate in Switzerland and abroad, and to grant loans and take out credits. Furthermore, the company may conduct any business that is suitable to promote the purpose of the company or is directly or indirectly related thereto.