The company's purpose is to buy and sell developed properties; plan, construct and renovate residential, commercial and industrial buildings, and rent, manage and sell them. 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 conduct financing, securities and foreign exchange transactions for its own account or for third parties, grant loans, engage in leasing transactions, and provide guarantees and sureties for subsidiaries and third parties.