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UBM will build the world's tallest wooden skyscraper in Vienna

UBM Development AG will implement the construction of the Timber Marina Tower project, a 113-meter high office building with a wood-hybrid structure in Vienna's Handelskai district. At the same time, the company progressed with the Timber View residential project and the Timber Peak office building in Mainz, and with the preparation of the LeopoldQuartier district in Vienna. UBM plans to become the largest European developer of ecological buildings with a wooden structure. In the Czech Republic, the parent company's vision is followed by UBM Development Czechia, which is building the Timber Praha residential project, the first wooden multi-storey apartment buildings in the capital. Compared to ambitious high-rise building projects abroad, however, Timber Praha's energy-sustainable houses have a maximum height of 12 meters, due to restrictions arising from domestic legislation.y

UBM Development Czechia has sold the Astrid Offices office building. The new owner is the investment group Portiva

UBM Development Czechia, which completed and approved the Astrid Offices office building in Prague's Holešovice in May, sold it to the PORTIVA investment group. Both parties have decided not to disclose the amount of the transaction. The property, which has 4,300 m2 of office space and 440 m2 of retail space on the ground floor, is now fully leased. Since December, it has also become the headquarters of UBM Development Czechia, which has moved here from its offices in Liben.

UBM's Astrid Offices office building wins bronze from the prestigious "Best of Realty" competition

UMM Development Czechia executives Helmut Berghöfer (with the award plaque) and Josef Wiedermann (next to him on the right) accepted the award on the podium. The award was presented to them by a member of the expert jury Silvie Marešová (Colliers) and Tomáš Běhounek (law firm bnt - partner of the gala evening). Petr Čejka (Algon) - on the right next to J. Wiedermann - and Jan Sierocinski-Vanek (development manager of UBM Development Czechia) also came to the podium for the award. The award plaque will be placed on the facade of the Astrid Offices office building, where all offices and retail space on the ground floor are already rented. . The award was presented to them by a member of the expert jury Silvie Marešová (Colliers) and Tomáš Běhounek (law firm bnt - partner of the gala evening). Petr Čejka (Algon) - on the right next to J. Wiedermann - and Jan Sierocinski-Vanek (development manager of UBM Development Czechia) also came to the podium for the award. The award plaque will be placed on the facade of the Astrid Offices office building, where all offices and retail space on the ground floor are already leased.

The first tenants are moving to the offices in the Astrid Offices project from UBM. The building is now completely rented

The new Astrid Offices office building in Prague's Holešovice from UBM Development Czechia welcomes its tenants in August. The Czech branch of UBM is also moving here from its original headquarters in Voctářova Street in Libeň. The project currently rents all offices as well as retail space on the ground floor.

UBM Development Czechia balances its results for the first half of 2021

The development company UBM Development Czechia published its results for the first half of this year. The company was successful in all real estate segments in which it currently operates on the Czech market: in the segment of housing, offices and hotels. UBM's strategy in the coming years is to focus mainly on residential construction, especially in Prague.

The Astrid Offices project from UBM receives completion certificate

UBM Development Czechia has successfully completed and approved the Astrid Offices office building in Holešovice, Prague. Companies that have chosen it as their headquarters will operate here from July. This includes UBM employees who move here from offices in Liben. Astrid Offices now leases more than 50% of its space.
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