The performance of the following activities, on its own account and/or on behalf of third parties, directly or through other persons or companies, both in Switzerland and abroad: administration and management of investment activities in securities and real estate, such as purchase, sale, donation, exchange, planning, architectural, structural, furnishing, garden & design, for both public and private works, site management, including all works, construction, rental, subletting, leasing, renovation and maintenance of civil and industrial buildings, as well as their resale, also in fractions, as well as real estate brokerage and promotion; construction, renovation of buildings, construction works of all kinds, both public and private; demolition, land development and any activity of promotion and development in the real estate sector, both in Switzerland and abroad. (For the full version of the purpose, please refer to the articles of association.)