The company's purpose is to carry out construction projects as well as the acquisition, operation, administration, use and disposal of real estate and real estate rights in accordance with Art. 2, para. 2, lit. a of the Federal Act on the Acquisition of Real Estate by Foreigners. The company may carry out, on its own account or on behalf of third parties, any commercial, industrial or financial transaction directly or indirectly related to its purpose. The company may establish branches and subsidiaries in Switzerland or abroad. It may acquire participations in (and, more generally, participate in) any companies, regardless of their legal form, in Switzerland or abroad, having a direct or indirect connection with its purpose. The company may acquire, hold, manage and sell real estate, to the extent authorized by the Federal Act on the Acquisition of Real Estate by Foreigners. The company may grant loans or any other form of financing to direct or indirect shareholders, companies of the same group and third parties, as well as provide any type of security for the direct or indirect benefit of direct or indirect shareholders, companies of the same group and third parties, in particular in the form of guarantees, pledges or fiduciary assignments as security on the company's assets, even if these loans, financings or securities are granted without the company receiving remuneration or consideration. The company may carry out any cash pooling activity for the account of the group to which it belongs.