The execution of construction works in general; the construction, direct or subcontracted, purchase, sale, rental and management of urban properties; the purchase of building land and their sale; the construction, realization and management of hotels, tourist and sports centers, amusement parks, sports facilities, tennis courts, bowling alleys, football fields, golf courses, equestrian centers and similar; the purchase, management, rental and sale of all types of funds; the administration of properties owned or by third parties; the subdivision of land; participation in real estate, construction and tourism initiatives of any kind. The company will also deal with the production and trade of materials for the construction industry; the rental of machines and equipment used in the construction industry and general equipment. The company may assume representations of building materials, finished products for the construction industry and instrumental goods of all kinds, both in Switzerland and abroad, and grant representation mandates for the marketing of materials for the construction industry, both in Switzerland and abroad. The company is authorized to establish branches, affiliated companies and foundations both in Switzerland and abroad, and may also acquire participations in other companies. The company is authorized to purchase, sell and encumber funds both in Switzerland and abroad for its own use and/or to achieve the company's purpose. The company may undertake, both on its own behalf and on behalf of third parties, any further activity directly or indirectly related to the company's purpose, in particular also in the financial sector, and may establish, acquire, manage and sell participations in other companies, as well as open branches, all both in Switzerland and abroad.