The purpose of the company is the acquisition of residential properties for conversion into condominium ownership and the sale of condominium units. The company can also acquire, manage and sell residential and commercial properties in Switzerland. Furthermore, the purpose includes the management and brokerage of plots of land and the planning and execution of new and renovation projects. The company can establish branches abroad, take over representations and enter into all business transactions and conclude contracts that may be suitable to promote the purpose of the company or that are directly or indirectly related to it. It can grant loans or other financing to its direct or indirect parent companies as well as their or its direct or indirect subsidiaries and provide security of all kinds for liabilities of such other companies, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether against payment or not.
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