A large part of UBM Development AG's wooden buildings is currently made up of the light industry and office segment. The next part represents the housing segment. The focus on wooden buildings is in line with the corporate strategy "green. smart. and more." The company's emission targets were also officially confirmed at the beginning of this year by the internationally recognized Science Based Targets (SBTi) initiative."This makes UBM currently one of eight real estate companies in Austria and Germany with approved Science Based Targets and the only company with a net-zero emission target by 2050," says Thomas G. Winkler, CEO of UBM Development AG. Crucial to SBTi's confirmation is the verifiable focus of the defined targets on meeting the Paris Climate Agreement and limiting global warming to 1.5°C. UBM is committed to reducing Scope 1+2 emissions by 42% by 2030 (compared to 2022). The company aims to achieve net zero by 2050 through a 90% reduction in Scope 1+2+3 emissions by 2050 at the latest (compared to 2022).
MODERN WOOD BUILDINGS IN THE SPIRIT OF SUSTAINABILITY AND INNOVATION
UBM has launched the construction and sale of the first phase of a multifunctional district called Timber Factory in Munich.On a total area of 28,000 m2, it will offer spaces for developments in, for example, life sciences, robotics and IT, as well as for light industrial production, but also for offices and retail units.
The building complex, a joint project of UBM Development AG and ARE Austrian Real Estate, is Munich's first hybrid wooden commercial real estate complex. When completed in 2027, it will provide approximately 59,500 m2 of gross floor area, making it the largest timber construction project in the Bavarian metropolis. The campus is a model of sustainability. The wooden hybrid construction is climate-friendly and the energy concept features various energy sources such as heat pumps and photovoltaic systems to minimize the carbon footprint. Overall, the lowest possible energy consumption is achieved with the highest possible degree of independence, and also completely without fossil fuels. The project seeks to obtain the internationally recognized DGNB (German Council for Sustainable Buildings) certificate in the highest Platinum category.
In the northwestern part of the center of Vienna, along the Danube Canal, on a total area of almost three hectares, UBM is realizing the first urban district in Europe, the buildings of which will be built exclusively in a wood hybrid structure. The LeopoldQuartier, with a total of approx. 75,000 m2 of floor space, will include apartments and offices. The sale of 253 apartments in a residential area called LeopoldQuartier Living will start soon. UBM has started construction on the LeopoldQuartier Office with approx. 22,000 m2 of office space. High ceilings and natural wooden surfaces create a healthy working environment, flexible spaces offer ideal conditions for individual office solutions. Modern technologies enable intelligent and energy-saving operation. There will be a supermarket and restaurant on the first floor, while the underground level will provide 127 parking spaces. The wood-hybrid construction method reduces CO2 emissions to a minimum. The building will use approximately 2,800 m3 of timber, including 17,000 m2 of cross-laminated timber concrete ceilings and approximately 700 glulam timber columns. Completion of the office part is planned for the end of 2025.
Work has also started on the Timber Peak project, which is over 40 meters high. With a total of twelve floors, the project will become the tallest wooden hybrid structure in the German state of Rhineland-Palatinate. On approximately 9,500 m2 of gross floor space, flexible administrative spaces with office sizes from 300 m2 will be created in the former customs port of Mainz (Mainz). In addition, tenants will have access to a terrace on the 5th floor and a rooftop terrace with panoramic views.
In the immediate vicinity of the administrative building, UBM is also planning the Timber View residential district with seven buildings comprising a total of 184 apartments on approximately 13,570 m2 of living space.The start of construction is planned for this year.
Timber Pioneer: UBM's pioneering project in the field of wood-hybrid office buildings
Timber Pioneer is the first timber-hybrid office building in the business, financial and residential Europaviertel district of Frankfurt am Main. The new tenants will move in at the end of this year. The anchor tenant, which will occupy almost 10,000 m2, is Universal Investment. Other tenants include the Netto supermarket and the chain of fitness studios Fitseveneleven. Of the total approximately 15,500 m2 of office space, only about 4,600 m2 remain available.
