The purpose of the company is: the management and administration of real estate, consulting in the real estate field, participation in related financial operations, and in general the execution of real estate renovations of all kinds, the execution and installation of sanitary and heating systems of all kinds, investment analysis and consulting and real estate rehabilitation, technical consulting in the real estate field. The company may also carry out any consulting and intermediation activities in the real estate field of buying, selling and leasing. The company may establish branches in Switzerland and abroad as well as directly and indirectly acquire participations in other companies and commercial, financial and service enterprises in Switzerland and abroad. The company may acquire, hold and sell real estate used for commercial purposes.