The company's purpose is to acquire and dispose of real estate; it can also develop and market real estate projects, realize building projects, and purchase, sell, manage and administer properties. Furthermore, the company's purpose is to operate hotels, provide management services of all kinds in this context, and organize, manage and execute all other related business activities. The company can establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, take over representations, and conclude all transactions that may be suitable to promote the company's purpose or are directly or indirectly related to it. It can also provide financing for its own account or for third-party account, and grant guarantees and sureties for affiliated companies and third parties.