The company's purpose is the construction, promotion and sale of new real estate projects. The company also aims to renovate, sell and manage real estate, for its own account or on behalf of third parties. Furthermore, the company aims to act as an intermediary in transactions involving real estate. The company may establish branches and subsidiaries and may participate in other companies, both in Switzerland and abroad, and in general, engage in any activity directly or indirectly related to its purpose. The company may acquire, hold and dispose of real estate, both in Switzerland and abroad. It may carry out, either on its own account or on behalf of third parties, all financial operations, as well as provide guarantees or guarantees for subsidiaries or third parties.