The purpose of the company is to create residential and commercial buildings as well as to acquire, manage and dispose of assets of all kinds, in particular real estate. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, found and acquire similar or related companies or merge with them, acquire or resell plots of land 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.