The company's purpose is the development of real estate projects, in particular the planning, development, construction, as well as the renovation and conversion of its own and third-party real estate of all kinds. Furthermore, the company aims to buy and sell real estate. The company may establish branches in Switzerland and abroad, participate in other domestic and foreign enterprises, acquire or merge with similar or related companies, and enter into any transactions and conclude any contracts that are suitable for promoting the company's purpose or are directly or indirectly related thereto. It may acquire, manage, encumber, and dispose of real property, intellectual property rights, and licenses of all kinds.