The company's purpose is to rent and broker residential space as well as provide services and trade in the areas of hospitality, para-hospitality and real estate. Furthermore, it aims to develop, acquire, manage and trade intellectual property rights. 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. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for third-party account, as well as provide guarantees and sureties for subsidiaries and third parties.