UBM Development

What UBM Development does

UBM Development AG is a Vienna-headquartered, publicly listed (Vienna Stock Exchange Prime Market, ticker UBS) European real estate developer founded in 1873 and operating through wholly owned subsidiaries in Austria, Germany, Poland, and Czechia, with a small hotel footprint extending to the Netherlands. The company develops residential, office, mixed-use, and hotel properties across Central European metropolitan markets (Vienna, Munich, Frankfurt, Berlin, Düsseldorf, Mainz, Prague, Warsaw), operating a single-source development model that covers market analysis, project development, planning, project management, financing, leasing, and asset management.

Its core product strategy, articulated as "green. smart. and more.", centers on timber-hybrid construction using cross-laminated timber (CLT) and glued laminated timber in combination with concrete floor decks, with named projects (Timber Pioneer, Timber Peak, Timber Works, Timber Port, Timber Factory, Timber Living, Timber Praha) anchoring a stated ambition to become the leading timber construction developer in Europe. Smart building features (sensor-based automation, energy-efficient operations) are layered onto developments alongside geothermal, heat pump, and photovoltaic systems. The portfolio carries top-tier sustainability credentials (EcoVadis Platinum, ISS ESG Prime, VÖNIX inclusion, DGNB/LEED Gold/Platinum certifications on individual assets).

Revenue is generated primarily through forward sales and final investor transfers of developed properties to enterprise tenants and institutional buyers (e.g., Porr, Dexcom, Zalando, Frankfurter Allgemeine Zeitung, Kempinski), through direct office and commercial leasing, and through hotel operations via the UBM hotels Management GmbH subsidiary. The business model is asset-light at the corporate level, relying on joint ventures (AREX, Rock Capital, Baywobau, Crestyl) and green/sustainability-linked debt instruments (multiple green bonds, a green hybrid bond, and a prior sustainability-linked hybrid bond) to fund a pipeline estimated at more than €2.2 billion across premium and affordable residential segments. The Ortner–Strauss syndicate holds roughly 39% (combined holdings near 47.5%), with the residual free float exceeding 60%.

Name

UBM Development

Legal name

UBM Development AG

Website

https://ubm-development.com

Company type

Public

Founded year

1873

Operating status

Operating

Headcount range

251–500 employees

Short description

UBM Development AG is a Vienna-listed European real estate developer (founded 1873) that develops and operates residential, office, mixed-use, and hotel properties across Austria, Germany, Poland, and Czechia, with a strategic focus on timber-hybrid (CLT) construction and sustainability-certified green and smart buildings sold or leased to enterprise tenants and individual buyers.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Nonresidential Building Construction (2362), New Housing For-Sale Builders (236117)

akta.pro primary industry

Off-Campus Purpose-Built Student Housing (PBSA) Management (BPAJAJAB)

Keywords

• Real estate development
• Timber construction
• Commercial property leasing
• Hotel operations
• Residential development

Headquarters

HQ city

Vienna

HQ country

Austria

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Real Estate Development: UBM develops residential, office, commercial, and hotel properties across Europe. The company offers complete development services from a single source: market analysis, project development, planning and project management, financing, rental and asset management. Revenue is generated through property sales and rental income.
2. Hotel Operations: UBM is also active as a hotel lessee through its subsidiary UBM hotels Management GmbH, founded in 2016 to bundle operational know-how for hotel management and combine all UBM hotel leasing operations.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

UBM Development is a European real estate developer that plans, builds, finances, leases, and sells residential, office, commercial, and hotel properties across Austria, Germany, Poland, and the Czech Republic. The company delivers all development services from a single source and has a strategic focus on timber-hybrid construction combined with smart building technology and renewable energy systems. It also operates hotels as a lessee through its subsidiary UBM hotels Management GmbH.

Product overview

UBM Development is a leading European real estate developer specializing in timber construction projects. The company offers comprehensive development services from planning to marketing, covering residential, commercial, office, and hotel developments. The product portfolio includes named project brands such as Timber Pioneer, Timber Peak, Timber Works, Timber Port, Timber Factory, Timber Living, and Timber Praha in the timber construction segment; LeopoldQuartier and Village im Dritten for mixed-use developments; Charlie, Rezidence Na Plzeňce, Astrid Garden, Arcus City, Adler Lodge, and Havn for residential projects; and hotel operations through UBM hotels Management GmbH and branded hotels like Hotel Andaz Prague and voco The Hague Kneuterdijk. The company operates under the strategic positioning of 'green. smart. and more,' focusing on green and smart buildings in major European cities including Vienna, Munich, Frankfurt, and Prague.

Differentiator

Problem solved

Functional benefit

Products and services

• UBM hotels Management GmbH
• Timber Pioneer
• Timber Peak
• Timber Praha
• LeopoldQuartier
• Rezidence Na Plzeňce
• Hotel Andaz Prague - Sugar Palace
• voco The Hague Kneuterdijk
• Village im Dritten
• Kempinski Jochberg Das Tirol

Quantifiable outcome

• CO2 emissions reduction over entire life cycle of projects through sustainable energy generation and timber construction
• +1 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered major and minor.

• AREX (ARE Austrian Real Estate)majorStrategic or Co-development PartnerUBM and ARE have formed a strategic partnership for the Village im Dritten project in Vienna, where UBM holds an investment of 51% in five of 22 sub-projects involving creation of more than 8,000 m² of commercial space and roughly 500 apartments.
• Rock CapitalminorStrategic or Co-development PartnerJoint venture partnership for the Gmunder Höfe project in Munich, where UBM, Rock Capital and Baywobau share the project development on an almost equal basis.
• Baywobau Immobilien AGminorStrategic or Co-development PartnerJoint venture partnership for the Gmunder Höfe project in Munich, where UBM, Rock Capital and Baywobau share the project development on an almost equal basis.
• Crestyl real estate s.r.o.minorStrategic or Co-development PartnerJoint venture between UBM Bohemia Development s.r.o. and Crestyl real estate s.r.o. for the Dock 01 project in Prague.
• Wolf TheissminorImplementation/ SI/ Consulting PartnerWolf Theiss advised UBM Development on the sale of a retail portfolio valued at approximately EUR 35 million to Peter Schaider.

Scale indicators10 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• CA Immobilien Anlagen AG: Vienna-listed commercial real estate developer and investor active across Austria, Germany, and CEE. Closely comparable to UBM as a mid-cap Austrian real estate company with mixed-use and office focus, publicly listed in Vienna with overlapping investor base.
• IMMOFINANZ AG: Austrian/European real estate developer specializing in office, retail, and residential properties across CEE and Western Europe. Comparable to UBM in geography, asset classes, public listing on the Vienna Stock Exchange, and developer/operator business model.
• S IMMO AG: Vienna-listed real estate company with residential, office, and retail assets in Austria, Germany, and CEE. Comparable to UBM as a Central European mid-cap property developer with similar asset class mix and capital markets profile.

Broad incumbents

• PORR AG: Austrian construction and infrastructure major with a real estate development arm. Historically closely related to UBM (Ortner/Strauss syndicate split PORR and UBM in 2014) and remains a strategic counterparty (Porr is a UBM tenant at Timber Pioneer). Comparable as an Austrian-listed construction/real estate group with overlap in timber and sustainable construction.
• Strabag SE: One of Europe's largest construction groups, headquartered in Austria with significant real estate development activity across CEE. Comparable to UBM as a large Austrian-listed construction/real estate peer with DACH and CEE footprint, though much larger and more diversified.
• Vonovia SE: Europe's largest residential real estate company, listed in Germany with ~500,000 apartments. Comparable to UBM on the residential development and investment side, particularly for UBM's German operations, and a key benchmark for European ESG-focused housing strategies.
• LEG Immobilien SE: German listed residential real estate company focused on North Rhine-Westphalia. Comparable to UBM's German residential development pipeline as a publicly listed, sustainability-positioned residential operator/developer in the same core market.

Emerging players

• Wienerberger AG: Austrian-listed building materials producer with a growing presence in sustainable building solutions, including timber-frame and clay construction systems. Comparable to UBM as an Austrian-listed peer in sustainable/green building with a construction-adjacent model, though operating as a materials supplier rather than a developer.

Others

• Stora Enso Oyj: Finnish-Swedish forest products company with a building solutions division that produces CLT and mass timber components used in timber-hybrid construction. Comparable to UBM on the timber construction supply/value chain side, particularly given UBM's use of CLT in projects like Timber Praha (via ELK) and Timber Peak.
• Rubner Holzbau: South Tyrolean timber construction specialist with expertise in large-span and high-rise timber buildings across Europe. Comparable to UBM as a European timber construction specialist; UBM's Head of Timber Construction (Bernhard Egert) was previously MD of Rubner Holzbau, providing direct talent/expertise overlap.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/ubmdevelopment

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Subsidiaries5 records

Funding overview

Funding rounds3 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about UBM Development