The purpose of the company is to trade in real estate and other assets, to acquire real estate and manage/administer its own properties for investment purposes, to acquire other assets, in particular securities and participations in companies of any kind, for investment purposes, to develop real estate and to plan and construct buildings of any kind on its own account. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or merge with similar or related companies, acquire, manage and sell properties, and enter into any business and conclude any contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it.