The company's purpose is to plan, develop, realize and finance international real estate and development projects, and to participate in architectural competitions, project tenders and similar bidding procedures in Switzerland and abroad, in accordance with the provisions of GATT/WTO and BGoeB/VoeB, as well as to acquire, manage, hold and sell participations, tangible assets and intangible assets in Switzerland and abroad. The company is authorized to establish subsidiaries and branch offices in Switzerland and abroad within the scope of its corporate purpose. The company can acquire, encumber and sell real estate. The company can conduct all business that is suitable to promote this corporate purpose directly or indirectly.