The company's purpose is to carry out renovation and conversion work on properties, as well as the purchase and sale of business premises. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and 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, in connection with its main business activity and with the exception of transactions prohibited by the Federal Act on Acquisition of Real Estate by Foreigners. 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.