The company's purpose is: the planning and execution of renovations and conversions of buildings. It can also create new buildings. It can carry out all work that is directly or indirectly related to the company's purpose or is suitable for promoting it. It can take on general contractor activities. It can buy, sell, manage, encumber and utilize properties on its own account and on behalf of third parties. It can establish branches in Switzerland and abroad, acquire, lease, participate in or establish similar or related companies. It can acquire and sell patents and licenses.