The company's purpose is to buy and sell real estate and properties, as well as manage, rent, build and renovate properties and perform all related actions. 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 company's purpose or is directly or indirectly related to it.