The company's purpose is to acquire, develop, project development, build, manage, rent and sell properties, apartments and real estate of all kinds, as well as to provide related services. Furthermore, the company provides services in the areas of property management, renovation and refurbishment work. 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 arrange financing for its own account or for the account of third parties, and provide security for liabilities of affiliated companies.