The purpose of the company is the construction, acquisition, holding, management and sale of developed real estate (residential and commercial areas) as well as plots of land. The company can conclude all transactions and enter into agreements that directly or indirectly serve the company's purpose or are directly related to it. The company can 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 can acquire, encumber, sell and manage real estate in Switzerland and abroad. It can also provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties.