The company's purpose is the purchase and sale of real estate, the purchase and sale, as well as the construction of building spaces, and the management of properties, in particular in the Dietli area of St. Gallen. The company may establish branches and subsidiaries in Switzerland and abroad, and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell, and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, and grant guarantees and sureties for its subsidiaries and third parties.