The company's purpose is to engage in real estate development, excluding any transactions prohibited by the Federal Act on the Acquisition of Real Estate by Persons Abroad (BewG), as well as all activities related thereto. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business 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 securities for the liabilities of affiliated companies.