- Business
- UBM Development AG develops sustainable timber-hybrid real estate projects across Europe, with a strategic emphasis on green and smart office and residential buildings in top metropolitan areas including Vienna, Munich, Frankfurt, Berlin, and Prague. The company provides a comprehensive suite of integrated services covering the full real estate value chain: market analysis; project development and planning; project management; financing; leasing and rental services; asset management; and sales to investors or tenants. UBM also engages in hotel leasing through its subsidiary UBM Hotels Management GmbH, founded in 2016, and specializes in innovative timber construction solutions that achieve high ESG standards, evidenced by EcoVadis Platinum and ISS ESG Prime ratings. Founded in 1873 and headquartered at Laaer-Berg-Straße 43 in Vienna, Austria, UBM operates primarily in Austria and Germany, with additional presence in the Czech Republic, Poland, and other Central European markets through local subsidiaries and networks. The company lists its shares on the Prime Market segment of the Vienna Stock Exchange under ticker UBS.VI and maintains a core shareholder syndicate holding approximately 39% stake from industrialists Ortner and Strauss, while the 22-member Executive Committee has invested €5 million in company shares. Recent developments include plans announced in September 2025 to issue another green bond maturing in five years; resolution in May 2025 on a modified share buyback program following amendments at the 144th Annual General Meeting; release of half-yearly financial reports in August 2025 projecting a presumable first-half loss of up to €35 million with expected reduction by year-end; appointment of Peter Schaller as CTO and Management Board member in November 2023 to oversee technical competences, timber construction, and green building; earlier acquisitions such as the Donaumarina Tower in Vienna for €24.5 million in mid-2023; and an asset-light strategy featuring joint ventures, forward sales for risk minimization, and a pipeline of timber high-rises in Frankfurt, Mainz, Düsseldorf, and Vienna's Leopoldquartier.