The purchase, sale, rental, management and construction of real estate of all kinds in Switzerland and abroad; the buying and selling and renting of industrial machinery in general. The company may also engage in the execution and trade of thermal and acoustic insulation and cladding. The company may open branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may carry out all commercial, financial or other activities that are related to the purpose of the company. The company may grant loans, may enter into financing and pledge its assets in favor of third parties.