The purchase, sale, holding and administration of real estate in Switzerland for commercial/industrial purposes and therefore not subject to LAFE authorization, pursuant to Art. 2 para. 2 lit. a LAFE, and of any kind abroad, also through the purchase, sale, holding and administration of participations in real estate companies. The operation of a general construction company; the rental, import and export, representation in the construction sector of construction equipment and machinery. In order to achieve the above-mentioned corporate purpose, the company may also, in a non-prevalent manner: acquire participations in entities, companies or enterprises with a similar purpose; grant personal and/or real guarantees also in favor of third parties; carry out all commercial, industrial, financial, movable and immovable transactions deemed useful by the administrative body for the achievement of the corporate purpose; open branches and subsidiaries in Switzerland and abroad.