The purpose of the company is the acquisition, rental and sale of properties and land, the development of land, the construction, renovation and renewal of residential and commercial buildings, real estate and general asset management, financing and encumbrance of properties and land, and the trade of goods of all kinds. The company may conduct all business directly or indirectly related to the company's purpose in Switzerland and abroad. The company may participate in or acquire similar or related businesses in Switzerland and abroad. The company may establish branches in Switzerland and abroad. The company may acquire, manage and sell properties and other assets in Switzerland and abroad.