UBM and CESA sell high-rise property on Alexanderplatz

UBM Development and CESA Group have sold the “CentralTower Berlin” high-rise project developed jointly on Berlin’s Alexanderplatz to HB Reavis. 

The new owner thus takes over a property with an area of approx. 2,126 m² in a prime location in Berlin. The sellers are parting with the property due to a change in corporate strategy within UBM. The construction of a hotel and boarding house was previously planned on the property.

“Our new strategic orientation and focus on timber construction only emerged after the acquisition of the property, so it is only logical that we let others implement this prominent project,” says Thomas G. Winkler, CEO of UBM Development AG.

UBM Development develops real estate for Europe’s metropolises. The strategic focus is on green building and smart office in major cities such as Vienna, Munich, Frankfurt or Berlin. The gold rating from EcoVadis and the prime status from ISS ESG confirm the consistent focus on sustainability. With almost 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.

The CESA GROUP develops, builds and markets real estate. We design comprehensive solutions in the 5 business areas of urban planning, project development, construction management, sales and property management. The CESA GROUP works in a spirit of trust with selected financial partners and investors as well as numerous cities and communities.

Your contact to UBM:
UBM Development Deutschland GmbH
Sven Hoffmann | Head of Marketing Deutschland
Phone: +49 30 91 58 06 50
Mail: sven.hoffmann(at)ubm-development.com

UBM Development AG
Karl Abentheuer | Head of Corporate Communications
Phone: +43 664 80 1873 184
Mail: karl.abentheuer(at)ubm-development.com

For questions to CESA:
CESA Group
Pauline Conradi | Projektleitung
Phone: +49 30 26 07 88 300
E-Mail: p.conradi(at)cesacroup.berlin

Your press contact:
STÖBE. Die Agentur für Kommunikation GmbH
Phone: +49 30 816 16 03 30
Mail: presse(at)stk-berlin.com