The purpose of the company is the acquisition, encumbrance, sale, management and development of real estate as well as construction work of all kinds. Furthermore, the company aims to trade and rent construction machinery and their accessories. The company may establish branches and subsidiaries in Switzerland and abroad, acquire, manage and exploit participations in Switzerland and abroad, and acquire or merge with similar or related companies. The company is authorized to provide financing, guarantees and sureties. It may acquire, exploit and sell patents, rights and licenses. In addition, the company may conduct any business or conclude contracts that are suitable to promote the development of the company and the achievement of its purpose or are directly or indirectly related to it.