The company's purpose is to renovate properties on its own account or on behalf of third parties, as well as to buy, sell, build, rent and manage real estate. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate, licenses and patents in Switzerland and abroad. It may also provide financing on its own account or on behalf of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.