Added to YB: 2025-09-02
Pitch date: 2025-08-29
UBS.VI [neutral]
UBM Development AG
+0.95%
current return
Author Info
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Company Info
UBM Development AG, together with its subsidiaries, engages in the development, management, and sale of real estate properties in Germany, Austria, Poland, and internationally.
Market Cap
EUR 166.3M
Pitch Price
EUR 21.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
79.22
P/E
-5.56
EV/Sales
4.45
Sector
Real Estate Management and Development
Category
turnaround
UBM Development (UBS Austria): Residential strength offsets office weakness
UBS.VI (quick overview): Q2 residential sales doubled YOY, revenue +40%, swung to positive EBT from prior loss. Strong apartment demand in Austria/Germany/Czech Republic offsets weak office portfolio (LeopoldQuartier, TimberPioneer still struggling). Liquidity improved to €167M, refinancing risks controlled. Expects H2 profitability but office recovery remains key challenge.
Read full article (1 min)