The company's purpose is the management and buying and selling of real estate, as well as the construction of buildings of all kinds. The company may enter into any business and conclude contracts that are suitable to promote the purpose of the company and are directly or indirectly related to it. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire, encumber, sell and manage real estate in Switzerland and abroad, provide financing for its own account or for the account of third parties, and grant guarantees and sureties for subsidiaries and third parties.