The purpose of the company is the construction, purchase, sale and management of real estate, as well as the purchase and sale of land in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. It may conduct all business that is directly or indirectly related to its purpose, as well as enter into interest group agreements of any kind. It may 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.