The purpose of the company is to trade in, hold, manage, renovate, convert and build new real estate. The company may also carry out any commercial, financial or other activities that may be suitable to promote the purpose of the company, or that are directly or indirectly related to it. Furthermore, the company may establish branches in Switzerland and abroad, participate in or establish, acquire or finance other companies in the same or similar fields of business in Switzerland and abroad, and relocate its registered office to another location in Switzerland or abroad.