The company's purpose is to buy and sell, hold, manage and administer, as well as to broker real estate, properties, condominium ownership and building rights, to construct buildings and to provide all services in the real estate sector. The company may encumber its properties. Furthermore, the company's purpose is to operate tennis halls with restaurants, sports, leisure and entertainment facilities of all kinds, as well as to organize and plan events in the entertainment and gastronomy sector. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for third-party account, as well as provide guarantees and sureties for subsidiaries and third parties.