The company's purpose is to conduct real estate transactions of all kinds, in particular the purchase, sale, management and exploitation of properties, as well as financing of real estate and the development of land, both in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies, take over representations and engage in any business activity and conclude contracts of any kind that may promote the company's purpose or are directly or indirectly related to the company's purpose. The company may also acquire, manage and transfer patents, trademarks and technical and industrial knowledge. The company may acquire, hold, manage, encumber and sell properties in Switzerland and abroad. Excluded are transactions prohibited by the Federal Act on the Acquisition of Real Estate by Persons Abroad (BewG).