The purpose of the company is the management of real estate for third-party accounts; the construction of residential and commercial buildings as well as the purchase and sale of properties; the execution of trust work as well as the acquisition of shares and participations in companies of all kinds. The company can establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company can acquire, encumber, sell and manage real estate in Switzerland and abroad. It can also provide financing for its own account or for third-party accounts, as well as provide guarantees and sureties for subsidiaries and third parties.