The company's purpose is to acquire, hold, manage, build, renovate and sell properties of all kinds. The company may conduct all business directly or indirectly related to the aforementioned company purpose. The company is authorized to take financing, restructuring and intercession measures in favor of shareholders, group companies or third parties if it is beneficial to the company's interests. For this purpose, dual representation is explicitly permitted. The company may engage in all commercial, financial and other activities that are connected with the company's purpose. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad.