The company's purpose is to acquire, sell, maintain, manage, rent, lease, use, develop and build properties of all kinds in Switzerland and abroad, to operate, equip and advise hotels, restaurants and entertainment venues of all kinds, at fixed and changing locations; to trade in consumer and investment goods of all kinds. 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 the account of third parties and grant securities for liabilities of affiliated companies.