The purchase and sale of real estate as well as the provision of services and financing of all kinds in the construction and real estate sector. Excluded are all transactions that require a permit under the Federal Act on the Acquisition of Real Estate by Persons Abroad. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or merge with similar or related companies, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it. It may manage, encumber and dispose of properties, intellectual property rights and licenses of all kinds.