UBM Development AG

SAXINGER has successfully advised UBM Development AG on the sale of its 80% stake in W3 Errichtungs- und Betriebs-Aktiengesellschaft. The transaction in the form of a share deal, which was completed on June 27, 2024, includes the acquisition of the stake by RALT Raiffeisen-Leasing GmbH & Co KG.

With our expertise in advising on complex real estate transactions, we were able to contribute to the successful completion of the project. SAXINGER partners Dr. Immanuel Gerstner and Dr. Irene Meingast played a leading role.

UBM Development AG is one of the leading developers of timber construction projects in Europe and strategically focuses on green building and smart office in major cities such as Vienna, Munich, Frankfurt and Prague. The platinum rating from EcoVadis and the prime status from ISS ESG confirm the consistent focus on sustainability. With 150 years of experience, UBM offers all development services from planning to marketing from a single source. The shares are listed on the Prime Market of the Vienna Stock Exchange, the segment with the highest transparency requirements.

Dr. Immanuel Gerstner
partner

“This transaction underlines the long-term potential of W3 and we are delighted to have been able to support our long-standing client in this important transaction.”