Operation of a business in the field of construction, as well as any related activities, in particular the study, direction, planning and execution of constructions, marketing, development of land and transformations, renovations and construction of all kinds in Switzerland and abroad, as well as the acquisition of properties in Switzerland and abroad; the company may also establish branches in Switzerland and abroad, take participations, found or finance companies having a direct or indirect relationship with its purpose; it may also grant loans or guarantees to shareholders or third parties, if this serves its interests.