Greenbuilding. UBM focuses uncompromisingly on timber construction projects. More than 300,000 square metres are already in the works
The largest space let in Frankfurt in the first
half of 2023 comes from UBM: around 10,000
square metres of office space at Timber Pioneer,
Frankfurt’s first office building in timber
hybrid construction. “This shows that we are
spot on with our strategy and absolute focus
on timber construction projects, both ecologically
and economically,” says UBM CEO
Thomas G. Winkler
The eight-storey Timber Pioneer is the
first offspring of an entire Timber Family. By
the end of next year, the foundations for five
more family members will be laid. In addition
to the Timber Family, UBM has seven other
timber construction projects in the works. In
Vienna, for example, it will build the Timber
Marina Tower, a 113-metre-high office tower
as a sustainable timber hybrid construction –
the tallest timber high-rise in the world as
things stand today.
In total, UBM is currently developing more
than 300,000 square metres of timber construction,
thereof slightly more than half in
the office asset class and the remainder in
the residential class. “We want to become
the leading developer of timber construction
projects in Europe,” says Winkler. The uncompromising
focus on timber construction is
a logical consequence of the Group’s strategy
“green. smart. and more”; it aims for the development
of sustainable, intelligent and aesthetically
sophisticated real estate.
Compared to conventional construction
methods, timber construction has three major
advantages:
- By using wood as a building material, theoretically up to two billion tonnes of CO2 can be saved annually: While enormous amounts of CO2 are emitted during the production of concrete and steel, wood stores CO2.
- A large part of the work, namely the production of the wooden elements, takes place in a factory. The assembly on the building site is not only much faster, quieter, safer and cleaner than on a conventional building site, but also cheaper due to the systematised modular pre-production.
- Timber construction projects enable higher revenues both in sales and rentals. The reason being EU taxonomy and ESG massively and irreversibly steering international financial flows towards green activities
Facts & Figures
UBM Development is one of the leading
developers of timber construction
projects in Europe. The strategic focus
is on green building and smart offices
in major cities such as Vienna, Munich,
Frankfurt and Prague. The platinum rating
from EcoVadis and the prime status
from ISS ESG confirm our consistent
focus on sustainability. With 150 years
of experience, UBM offers all development
services from a single source, from
planning to marketing. The shares are
listed in the Prime Market of the Vienna
Stock Exchange, the segment with the
highest transparency requirements.
UBM Development AG
Laaer-Berg-Str. 43, 1100 Vienna
ubm@ubm-development.com
www.ubm-development.com