The company's purpose is to operate hotel and gastronomy businesses as well as retail stores and residential complexes (service apartments); to acquire and sell commercially used properties and to construct, rent, lease and manage commercial buildings of all kinds; to carry out financing and to provide guarantees and sureties for subsidiaries and third parties; to provide consulting services in the field of real estate financing and to render services of all kinds in the real estate sector. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose.