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UBM Development AG (FRA:2U2) Other Liabilities for Insurance Companies


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What is UBM Development AG Other Liabilities for Insurance Companies?

Other Liabilities for Insurance Companies only applies to insurance companies.


UBM Development AG Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » UBM Development AG (FRA:2U2) » Definitions » Other Liabilities for Insurance Companies
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Address
Laaer-Berg-Strasse 43, Vienna, AUT, 1100
UBM Development AG is a real estate development company focusing on developing, selling, and managing real estate. The company focuses on creating green and smart buildings, with a particular emphasis on timber construction projects in cities such as Vienna, Munich, Frankfurt, or Prague. Its project portfolio comprises properties across various categories, including commercial, day care, hotel, offices, residential, retail, serviced apartments, and others. In addition to real estate development, UBM is also active as a hotel lessee and is involved in hotel leasing and hotel management operations. The company generates substantial revenue through the sale of real estate projects. Geographically, it derives revenue from Austria, Germany, Poland, and other regions.