The company's purpose is to build and manage real estate. The company can acquire, encumber, sell and manage real estate in Switzerland and abroad, and carry out all commercial and financial transactions that directly or indirectly promote or are related to the company's purpose. The company can establish branches and subsidiaries in Switzerland and abroad, and participate in other companies in Switzerland and abroad. It can also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.