The company's purpose is to acquire and develop properties in the European Union, carry out project developments, create plans, and implement and sell planned real estate projects. The company can take over and sell existing and/or planned projects, and/or build and sell them. The company can establish branches in Switzerland and abroad, acquire, hold and grant licenses, participate in companies of the same or related industries or acquire, establish and finance such companies. The company can enter into all transactions, take all measures and conclude all contracts that are connected with or suitable to promote the company's purpose.