The purpose of the company is the acquisition, holding and disposal of residential and commercial properties in Switzerland, the management and brokerage of plots of land and the planning and execution of new and renovation projects. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide collateral for liabilities of affiliated companies.