The company's purpose is to carry out all types of conversion and renovation work as well as all tasks associated therewith. The company may establish branches and subsidiaries in Switzerland and abroad and may participate in other companies in Switzerland and abroad as well as conduct all business directly or indirectly related to its purpose. The company may acquire, encumber, alienate and manage real property in Switzerland and abroad. It may also provide financing for its own account or for the account of others as well as provide guarantees and sureties for subsidiaries and third parties.