The company's purpose is to operate, lease, acquire, create, establish and subsequently manage residential facilities, business apartments, restaurants, inns and hotels, as well as participate in such and provide related services, and trade in goods of all kinds. Provide other services in the entertainment and leisure sector. Offer services in the event sector, idea finding, conception, organization and realization of corporate, private and sports events. The company may also enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are related thereto. 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, build, renovate and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.