Acquisition, development, management and operation of commercial, residential and sports infrastructure properties in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose, acquire, encumber, sell and manage real estate in Switzerland and abroad, arrange financing for its own account or for third-party account, and provide security for liabilities of affiliated companies. Furthermore, the company reserves the right to operate restaurants, bars and other gastronomic businesses. To achieve its purpose, it may also raise external capital. In pursuing its corporate purpose, the company strives to create long-term, sustainable value.