The purpose of the company is to hold, develop, broker and manage real estate as well as to hold participations in real estate companies in Switzerland and abroad. The company can acquire, hold, encumber, develop, rent and sell properties directly or indirectly through participations and provide or broker related services. The company can establish branches and subsidiaries in Switzerland and abroad, participate in other companies or merge with them, and directly or indirectly finance companies in which it has a participation, other group companies and shareholders. The company can conduct all business, enter into obligations and conclude contracts that are suitable to promote the company's purpose and the development of the company, or that are directly or indirectly related to it.