The purpose of the company is to conduct real estate transactions of all kinds, in particular the acquisition and sale, management, rental, execution of construction work including, as well as insurance. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or establish similar or related companies, acquire, manage and sell patents, licenses, securities and participations, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it.