The company's purpose is to engage in building activities and to take over and execute project development mandates, as well as to acquire, manage and dispose of corporate participations in companies. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies. The company is authorized to acquire, encumber, sell, manage and rent real estate/properties in Switzerland and abroad. It may establish branches in Switzerland, merge with similar or related companies, acquire, manage or sell properties outside Switzerland, raise and invest funds on the money and capital market, acquire, hold and grant licenses, provide guarantees and sureties for the benefit of affiliated companies, establish branches in Switzerland and abroad, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it.