Added to YB: 2026-09-04
Pitch date: 2026-09-01
UBS.VI [neutral]
UBM Development AG
+0.88%
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 125.7M
Pitch Price
EUR 17.10
Price Target
N/A
Dividend
N/A
EV/EBITDA
36.64
P/E
664.23
EV/Sales
3.74
Sector
Real Estate Management and Development
Category
turnaround
UBM Development (UBS Austria): Residential recovery advances
UBS.VI (earnings): UBM Development’s recovery became more tangible as residential sales drove H1 revenue up 36% to €81.2m, with 208 apartments sold and 90+ contracted units awaiting completion; Prague pricing was especially strong. However, €7.3m of EBT included €9.1m of positive revaluations. Further progress depends on converting non-core assets into cash without excessive discounts, while weak hotel-investment conditions have prevented formal guidance.
Read full article (2 min)