The purpose of the company is the acquisition, disposal, development, management, administration, and leasing of all types of real estate, including short-, medium-, and long-term leasing. The company may provide services related to real estate, particularly in the areas of short-term accommodation, property management, property maintenance, marketing, as well as technical and commercial management. The company may establish branches and subsidiaries both domestically and abroad, and may participate in other companies both domestically and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, dispose of, and manage real property both domestically and abroad. It may also arrange financing for its own or third-party account, as well as provide security for the liabilities of affiliated companies.