The purpose of the company is to carry out new and renovation construction projects as a general contractor, to manage and rent properties, to acquire, develop, finance, participate in, rent, lease, manage and sell real estate. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies. The company is authorized to acquire, encumber, sell and manage real estate in Switzerland and abroad. It may acquire securities, patents and licenses. The company may enter into any business and conclude contracts that may be suitable to promote the purposes of the company and are directly or indirectly related to them.