The company's purpose is the direct or indirect acquisition, holding, development, construction, marketing and sale of properties in Switzerland. The company may not conduct any business that requires a license under the legislation on collective capital investments. The company may acquire, hold, manage, exploit and transfer intellectual property rights and participations in companies in Switzerland and abroad, as well as establish branches and found subsidiaries in Switzerland and abroad. The company may participate in group financing, in particular by granting loans to its direct or indirect shareholders or other group companies, or by providing guarantees or other securities for their liabilities to third parties, even if these loans or securities are in the exclusive interest of its direct or indirect shareholders or other group companies or are granted free of charge. Furthermore, the company may conduct any business that appears to promote the purpose of the company or is connected with it.