The company's purpose is to buy and sell real estate, build new properties, renovate, maintain and manage as well as broker real estate. The company may engage in general contracting activities. Furthermore, the company may conduct all business that is suitable to promote or facilitate the development of the company and the achievement of its purpose; in particular, it may participate in companies of a similar nature at home and abroad and acquire, sell, rent and lease real estate. The company may establish branches in Switzerland and abroad.