The company's purpose is to buy and sell real estate and mortgages, to construct residential and commercial buildings as well as to carry out renovations on its own behalf and on behalf of third parties, and to take over related management tasks. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. It may also provide financing for its own account or for the account of third parties, and grant guarantees and sureties for its subsidiaries and third parties.