The company's purpose includes, among other things, the acquisition of properties and plots of land, the planning and construction of buildings, the conversion of buildings, management and administration, brokerage and sale of real estate. Furthermore, the company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies, acquire or sell other companies. It may acquire, encumber, manage and sell securities. It may engage in trade with goods of all kinds unrelated to the industry, as well as conduct patent and licensing transactions. It may take out and grant loans, provide guarantees or other securities, acquire, manage and exploit intellectual property rights, and in principle enter into all transactions and conclude contracts that are suitable to promote the company's purpose.