The company's purpose is to purchase and sell, construct, rent and manage residential and commercial buildings. The company may establish branches in Switzerland and abroad, participate in or acquire other companies in Switzerland and abroad, or sell them, as well as enter into transactions, conclude contracts and take all measures that directly or indirectly serve its purpose. 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 in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for its subsidiaries and third parties.