The company's purpose is to acquire, hold, develop, sell, manage and administer real estate, as well as to provide construction services on its own account and on behalf of third parties. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies, acquire or establish similar or related businesses, and enter into any transactions and conclude any contracts that are suitable to promote the development of the company and the purpose of the company, or that are directly or indirectly related thereto. The company may also acquire, manage and sell securities.