The company is a real estate company and its purpose is to buy and sell plots of land and parts of plots of land, to develop plots of land, as well as to sell and rent apartments. The company can enter into all transactions and conclude contracts that are suitable to promote the development of the company and the achievement of the company's purpose, or that are directly or indirectly related to it, and can also establish branch offices and participate in or merge with other companies. The company can acquire, encumber, sell and manage real estate in Switzerland and abroad.