The company's purpose is to hold, manage and sell participations in other companies. Furthermore, the company aims to buy and sell real estate abroad. The company is authorized to divide plots of land into residential and co-ownership rights and to sell co-ownership shares connected with special ownership rights. The company is empowered to prepare and develop plots of land. The company is authorized to have building projects of all kinds constructed by third parties. The company is authorized to manage real estate of all kinds and to conclude the necessary contracts. In addition, the company is empowered to supervise building projects. The company is also authorized to trade in objects of all kinds, in particular building materials, furniture, textiles and floor coverings. The company's purpose also includes the brokerage of the conclusion and the demonstration of the opportunity to conclude contracts for financing, plots of land, land-like rights, residential and commercial spaces. The company can conduct its business for itself or for third parties on their account or have these businesses executed by third parties on its account. The company can establish subsidiaries and branches in Switzerland and abroad.