ZIMA

What ZIMA does

ZIMA Unternehmensgruppe is a privately-held, owner-managed real estate development company founded in 1971 in Götzis, Vorarlberg, Austria, and headquartered in Dornbirn. The company develops, sells, and manages residential, investment, and commercial real estate across the German-speaking Alpine region through six regional offices in Austria (Dornbirn, Innsbruck, Vienna), Italy/South Tyrol (Bolzano), Germany (Grünwald/Munich), and Switzerland (St. Gallen). Since 1999 it has been wholly owned and led by CEO Alexander Nußbaumer following a management buyout. The company has realized approximately 10,000 residential units since inception and reports EUR 237 million in annual total output for 2023.

ZIMA's core offering spans residential development (apartments, condominiums, terraced houses, including Vorsorgeimmobilien investment units with attached property management), commercial real estate (office buildings, retail, commercial parks), and integrated quarter development (Quartiersentwicklung). Construction is supported vertically by wholly-owned subsidiaries Dobler Hochbau (conventional construction) and Dobler Holzbau (sustainable timber construction using prefabricated modules), with the purelivin joint venture extending modular timber capabilities. Technical differentiators include KlimaHaus-standard energy efficiency, heat pumps, photovoltaic systems, controlled ventilation with heat recovery, and CO2-storing timber methods. Branded assets include the element Dornbirn office building and the Kundenportal customer portal.

The business model is built on direct, commission-free (provisionsfrei) sales from developer to buyer, eliminating the typical 3%+VAT agent fee and saving buyers more than EUR 10,000 on a EUR 300,000 apartment. Revenue is recognized primarily upon project completion and handover under Austrian BTVG trustee-secured stage-payment structures. The company sells to three primary segments: individual owner-occupiers and Vorsorgewohnung investors (residential), enterprise commercial clients via Bauherrenpartnerschaft arrangements (e.g., Doppelmayr, Vorarlberger Landes-Versicherung, REGLOPLAS AG, McDonald's), and landowners via purchase or barter (Sachwert) models. Recurring revenue is generated through ZIMA Objektmanagement GmbH, which provides residential property management, rental management, and brokerage services in Tyrol and Vorarlberg.

Name

ZIMA

Legal name

ZIMA Holding AG

Website

https://zima.at

Company type

Private

Founded year

1971

Operating status

Operating

Headcount range

101–250 employees

Short description

ZIMA is a privately-held, owner-managed real estate developer founded in 1971, active across Austria, South Tyrol, Germany, and Switzerland through six regional offices, delivering residential, investment, and commercial properties with integrated property management.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Residential Property Managers (531311), Real Estate and Rental and Leasing (53)

SIC

Operative Builders (1531), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

akta.pro secondary industry

Mixed-Use Property Management (BPAJAGAE)

Keywords

• Real estate development
• Residential property sales
• Commercial real estate
• Property management services
• Timber construction

Headquarters

HQ city

Dornbirn

HQ country

Austria

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. New Residential Property Sales: Development and direct sale of new condominiums and apartments to end buyers (owner-occupiers and investors) without intermediary commissions. Revenue recognized upon project completion and handover.
2. Commercial Real Estate Development: Development of office, retail, and commercial park properties for sale or lease to business clients.
3. Object Management Services: Property management services including residential property management, rental management, and brokerage for existing properties in Tyrol and Vorarlberg.
4. Land Acquisition (Barter Models): ZIMA acquires land through purchase or exchange models where landowners receive apartments in developed projects in return.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

ZIMA is a vertically integrated real estate developer that plans, constructs, and sells new residential and commercial properties directly to buyers commission-free across the German-speaking Alpine region (Austria, Italy/South Tyrol, Germany, Switzerland). Its offerings span condominiums and investment apartments (Vorsorgeimmobilien), custom commercial buildings (offices, retail, business parks), neighborhood quarter development, property management services, and land acquisition. The group operates through six regional offices and construction subsidiaries including Dobler Holzbau for timber construction.

Product overview

ZIMA Unternehmensgruppe is a real estate development company operating across the German-speaking Alpine region (Austria, South Tyrol, Germany, Switzerland) with six regional offices. The company operates as a full-service provider offering residential development (Wohnen), investment properties (Vorsorgeimmobilien), and commercial real estate (Gewerbe) as its core products. These are supported by property management services (Objektmanagement), quarter/neighborhood development (Quartiersentwicklung), client-contractor partnerships (Bauherrenpartnerschaft), and land acquisition services (Grundstücksankauf). Notable branded offerings include the element Dornbirn office building and the Kundenportal customer portal. The portfolio includes major residential projects like Roomeo Vienna (200+ apartments), Vinea Tramin, Green Wave Meran, Elbogen Höfe St. Johann, Annelies Quartier Munich, and Villa Verde Munich. Subsidiaries include Dobler Holzbau (timber construction) and Dobler Hochbau (solid construction), B&B Immobilien, and purelivin (timber module construction). The company sells properties commission-free directly to buyers and offers property management including rental management, billing, and tenant coordination.

Differentiator

Problem solved

Functional benefit

Brands

• purelivin: Timber module construction company established in partnership with Kaufmann Bausysteme, presented at EXPO REAL in Munich in 2018
• element

Products and services

• Residential Development (Wohnen)

Quantifiable outcome

• Buyers save over 10,000 EUR by avoiding agent commission on a 300,000 EUR apartment
• +2 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• STRABAGcoreImplementation/ SI/ Consulting Partner · 17 December 2025General contractor for the Roomeo project in Vienna-Donaustadt with over 200 apartments. Construction scheduled to begin January 2026.
• Hilti & JehleminorOthersMentioned in context of Elbogen Höfe project in St. Johann in Tirol as project stakeholders.
• REGLOPLAS AGcoreStrategic or Co-development PartnerClient partnership for construction of new headquarters in Martinsbrugg, Switzerland. ZIMA Projektentwicklung AG St. Gallen supporting as development partner.
• Vorarlberger LandesversicherungcoreStrategic or Co-development PartnerClient partnership for modern office building in Bregenz, Austria, completed 2023. 120 workplaces, EUR 20 million investment volume.
• Dobler Gruppe (Hochbau & Holzbau)coreTechnology or IntegrationZIMA subsidiary providing timber and conventional construction services. Dobler Holzbau specializes in sustainable multi-story timber construction for ZIMA projects.
• B&B Immobilien GmbHcoreTechnology or IntegrationZIMA subsidiary extending the group's service portfolio.

Scale indicators7 records

Recent moves13 records

Expansion highlights6 records

Direct peers

• i+R Gruppe: Family-owned Vorarlberg construction and real estate group with similar regional-Alpine residential, commercial, and project-development activities. Comparable scale, ownership structure, and integrated building/development model.
• UBM Development AG: Vienna-listed real estate developer focused on residential, office, and hotel projects in Austria, Germany, and CEE. Closely comparable on residential development product, multi-country DACH focus, and project-driven revenue model.
• Rhomberg Bau: Vorarlberg-based real estate developer and contractor of comparable size and Alpine regional focus. Closest direct competitor given overlapping geography, mixed residential/commercial portfolio, and similar vertically integrated building capabilities.

Broad incumbents

• Porr AG: One of Austria's largest full-service construction and real estate developers with broad DACH operations. Compares to ZIMA on development activity but operates at materially larger scale with a wider portfolio of commercial and infrastructure projects.
• S IMMO AG: Austrian real estate company with residential, office, and retail holdings across Austria, Germany, and CEE. Comparable portfolio mix to ZIMA's commercial and residential developments, though asset-holding-oriented rather than pure developer.
• CA Immobilien Anlagen AG: Vienna-listed real estate company with significant office and residential development exposure in Austria and CEE. Comparable on the commercial/mixed-use real estate development axis but at a larger, publicly-listed scale.
• STRABAG AG: Major European construction group and ZIMA's general contractor partner on Roomeo Vienna. Overlaps with ZIMA on real estate project execution but operates at substantially larger scale across many geographies.

Regional players

• BIG Bundesimmobiliengesellschaft: Austrian federal real estate company that develops and operates public-sector and commercial properties primarily in Austria. Comparable on the Austrian commercial development axis, though state-owned and not directly competing for ZIMA's residential core.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/zima-unternehmensgruppe

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries7 records

Funding overview

Funding rounds

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 ZIMA