The company's purpose is to buy, sell, hold, develop and rent out properties, as well as manage and broker real estate, plan and construct buildings, carry out conversions and renovations, and perform all related work and services. The company may act as a general contractor. 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. It may also provide financing for its own account or for the account of third parties, and provide security for the liabilities of affiliated companies.