The company's purpose is to acquire, sell, rent and manage real estate in Switzerland and abroad for its own account or for the account of third parties. Furthermore, the company's purpose is to plan, design, direct and execute construction projects of any kind. The company may act as a general or total contractor. 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. 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.