Detail akcie UBM Realitaeten online

Business Summary: UBM Development AG is an Austria-based company. The Company's business activities primarily focuses on the development, sale and management of real estate. It offer services in market analysis, project development, planning and project management, financing, rental and asset management. In addition, the Company is engaged in the development of timber construction projects and its main focus is providing green and smart building in cities such as Vienna, Munich, Frankfurt or Prague. The Company is also active as a hotel lessee. The Company's subsidiaries are UBM Development Deutschland GmbH, UBM Development Oesterreich GmbH, UBM Development Polska and UBM Development Czechia. Its subsidiary UBM hotels Management GmbH bundles the operational know-how for hotel management and combines all UBM hotel leasing operations. The Company focuses on environmentally friendly and energy-saving solutions from the design stage and realization to utilization and revitalization.
Financial Summary: BRIEF: For the three months ended 31 March 2024, UBM Development AG revenues increased 14% to EUR20.4M. Net loss applicable to common stockholders increased from EUR1.1M to EUR9.5M. Revenues reflect Hotel segment increase from EUR15.7M to EUR35M, Office segment increase from EUR3M to EUR20M, Other Markets segment increase of 42% to EUR12.9M. Higher net loss reflects Equity Earnings -Before Taxes increase from EUR548K (income) to EUR3.8M (expense).