The company's purpose is to acquire, hold and sell real estate and participations in companies in the real estate sector, to manage its own and third-party properties in Switzerland and abroad, to carry out renovations and conversions on its own and third-party properties, to provide services in the areas of heating, sanitation and electrical installations, as well as to broker vehicles. The company is authorized to conduct all business and take all measures that directly or indirectly serve the purpose of the company. It can acquire other companies and participate in other companies in Switzerland and abroad, and establish branch offices. Furthermore, it can acquire, encumber, mortgage, manage and sell properties. It can also acquire, sell and grant patents, licenses and other intangible and tangible assets.