The company's purpose is to acquire and develop properties on its own account and on behalf of third parties, to trade, manage, rent properties in Switzerland and abroad, as well as to plan and execute conversions and renovations, and to provide consulting, planning, construction management and construction organization services for buildings. The company also aims to operate a business for sanitary and heating installations, as well as all other services in the field of building technology. 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 in Switzerland and abroad. It may also provide financing for its own account or on behalf of third parties, as well as guarantees and sureties for subsidiaries and third parties.