The company's purpose is to acquire, rent and sell properties and plots of land, to develop plots of land, to build, renovate and renew residential and commercial buildings, to manage real estate and to finance and encumber properties and plots of land. 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 movable and immovable assets in Switzerland and abroad.