The company's purpose is to develop, realize and utilize real estate and construction projects of all kinds, manage, rent and broker properties, plan and execute new and renovation projects, in particular as a total or general contractor on its own or on behalf of third parties. The company may acquire securities. The company may trade in products and goods of all kinds and, in general, conduct all business that is suitable to promote or facilitate the development of the company and the achievement of its purpose. The company may participate in other companies in Switzerland and abroad, finance them, and establish subsidiaries and branches in Switzerland and abroad. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad.