The purpose of the company is: Any activity in the field of construction, including real estate acquisition for transformation and renovation. It may carry out any financial or commercial operation related to its purpose or likely to promote it. The company may create branches in Switzerland and abroad, take participations in other companies in Switzerland or abroad, acquire or create companies with an identical or similar purpose, or merge with such companies, acquire or sell real estate, carry out all operations and conclude all contracts intended to develop and expand its purpose or related thereto directly or indirectly, subject to the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE).