The purpose of the company is the development and management of real estate projects, the trade in and administration of real estate, as well as the trade in and takeover of representations in the construction industry including ancillary businesses and commercial goods. The company may establish branches and subsidiaries at home and abroad and finance companies in which it has a stake. The company is authorized to acquire, encumber, sell and manage real estate at home and abroad. Furthermore, the company may conduct all business that is suitable to promote the development of the company and the achievement of its purpose.