The company's purpose is the trading of real estate, properties, the execution of civil engineering and building construction works, their planning and all activities related thereto. The company may establish branches and subsidiaries in Switzerland and abroad and may participate in other companies in Switzerland and abroad as well as conduct all business directly or indirectly related to its purpose. The company may acquire, encumber, dispose of and manage real property in Switzerland and abroad. It may also provide financing for its own account or for the account of others as well as provide guarantees and sureties for subsidiaries and third parties.