Carrying out all business activities in the construction and real estate sector, including but not limited to the purchase, sale, rental, leasing and management of real estate, the development and realization of construction projects, as well as the execution of all related business activities, including financing, consulting and management. May conduct general commercial transactions of any kind, including the trade in goods of any kind, as well as perform services of any kind that are related to or promote their corporate purpose, establish branches and subsidiaries in Switzerland and abroad, participate in or merge with other companies, to the extent that this is conducive to achieving their goals.