The company is authorized to manage, acquire and sell as well as manage all types of land, namely real estate, co-ownership shares, condominium units, etc., as well as to carry out construction and renovation work of all kinds, also as a general contractor. The company is authorized to establish branches, affiliated companies and foundations both in Switzerland and abroad and may participate in other companies. It may also provide financing on its own account or on behalf of third parties and grant guarantees to controlled companies and third parties.