The company's purpose is to trade in building materials of all kinds, as well as to market and trade in real estate and land, and to carry out renovation and conversion work. The company is authorized to conduct all business and take all measures that directly or indirectly serve the purpose of the company. It can acquire other companies and participate in other companies in Switzerland and abroad, and establish branch offices. Furthermore, it can acquire, encumber, mortgage, manage and sell properties. It can also acquire, sell and grant patents, licenses and other intangible and tangible assets.