The company's purpose is to buy and sell real estate and manage it. Furthermore, it aims to create residential and commercial spaces for the personal use of the legal heirs of the company's founder, the late Mr. Emil Landolt, and his direct descendants and their spouses. The company may establish branches and subsidiaries in Switzerland and abroad by decision of the Board of Directors and participate in other companies in Switzerland and abroad. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. The company may carry out all commercial, financial, fiduciary and other activities that are related to the company's purpose. It may also provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties.