The company's purpose is to buy and sell real estate abroad and to manage real estate in Switzerland and abroad, to develop real estate projects, and to create market analyses, object optimizations and related services in the real estate sector. The company may establish branches and subsidiaries in Switzerland and abroad, acquire, manage and utilize participations, and acquire or merge with similar or related companies. It may acquire, utilize and sell patents, rights and licenses. It may provide financing for its own account or for the account of third parties and grant guarantees and sureties for subsidiaries and third parties. Furthermore, the company may conduct any business or conclude any contracts that are suitable to promote the development of the company and the achievement of its purpose or are directly or indirectly related to it.