Acquisition, creation, holding, rental and leasing as well as management and disposal of properties. The main and secondary purpose is exclusively limited to such properties and plots of land that qualify as business premises in the sense of Art. 2 para. 2 lit. a BewG for all real estate transactions in Switzerland. May establish branches abroad and set up subsidiaries, participate in other similar or related companies at home and abroad, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it.