The company's purpose is to carry out renovations, expansions, and core renovations of properties of all kinds, to buy, sell, and broker real estate of all kinds, as well as to manage its own and third-party properties and rent out its own properties. The company may establish branches and subsidiaries in Switzerland and abroad, participate in or merge with other companies in Switzerland and abroad, and directly or indirectly finance companies in which it has a stake. The company may acquire, hold, encumber, and dispose of plots of land. The company may conduct all business, enter into obligations, and conclude contracts that are suitable for promoting the company's purpose and the development of the business, or that are directly or indirectly related to it.