The company's purpose is to acquire, renovate or renew, construct, sell, rent and manage real estate and properties, as well as to participate in simple partnerships for the purpose of acquiring, renovating or renewing, constructing, selling, renting and managing real estate and properties. The company also aims to acquire, hold and manage, and sell participations. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies or acquire or establish similar or related companies. The company may also acquire, manage and sell securities. Furthermore, the company may conduct any business that is suitable to promote or facilitate the development and purpose of the company.