The company's purpose is to plan, design and execute renovations as well as new constructions, conversions and extensions of buildings, and to manage properties. The company may 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 may acquire, encumber, sell and manage real estate, licenses, patents and other intangible assets in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, and grant guarantees and warranties for subsidiaries and third parties.