The company's purpose is to acquire, trade, manage, broker, sell and exploit real estate, plan and execute buildings of all kinds, and take on activities as a general contractor. The company may establish branches, participate in other domestic and foreign companies, acquire or merge with similar or related companies, acquire or sell properties, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it. In particular, the company may also participate in domestic and foreign companies that are active in the areas of hotels, motels, tourism complexes, accommodation facilities, retirement homes, multi-family houses, restaurants, tourism accommodations, inns, bars with liquor licenses, travel and tour operators, agents, exhibition spaces and training centers. The company may also engage in all commercial, financial and other activities that are directly or indirectly related to the purpose of the company. The company is authorized to take financing, restructuring and intercession measures in favor of shareholders, group companies or third parties, as well as grant loans or provide security for the obligations of shareholders, group companies or third parties. The company may buy, sell and rent yachts on its own account. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as 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 third-party account, as well as provide guarantees and sureties for subsidiaries and third parties.