The company's purpose is the acquisition, renovation, rental, management and sale of real estate. Furthermore, it can carry out any type of construction work and market all related materials. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with an identical or similar purpose, or merge with such companies, carry out all operations and conclude all contracts suitable for developing and expanding its purpose or directly or indirectly related thereto, including the acquisition and sale of real estate. The company may grant loans to its shareholders.