The purpose of the company is the buying and selling and management of real estate, hotels and furniture, the financing of similar companies, the buying and selling of shares or stocks of other real estate companies, any operation in the construction sector on its own account, in Switzerland and abroad. The company may provide movable and immovable guarantees for the debts of third parties. The company may also participate in other companies with a similar purpose and carry out any other commercial or industrial operation or otherwise necessary or useful for the achievement of the company's purpose. The company may open branches and/or subsidiaries in Switzerland and abroad.