The company has the following purpose: The operation of a general construction and building company, excluding activities reserved by law for licensed engineers and architects, electricians and plumbers, who may however be hired as subcontractors, without derogating from their personal professional responsibilities, which will remain their responsibility. The activity may be carried out in the Swiss Confederation or abroad, including any form of organization, real estate and commercial consulting and marketing related to real estate, rental of third-party real estate, administrative and operational management of third-party residential, commercial, tourist and receptive properties, directly or indirectly, also through franchising, timesharing and aparthotel formulas. The activity may also include all operations related to the company's purpose, deemed necessary, even temporarily, by the decision-making body, including the establishment of branches, acquisition of participations of any kind in other companies, granting or receiving loans to affiliated, controlled or third-party companies.