21st Austria weekly - UBM (19/02/2024)

UBM: The sales launch for Unit 1 of Timber Factory in Munich gives extra momentum to the construction planned for the urban district of Moosach. A project by UBM Development and ARE Austrian Real Estate, this building complex is Munich's first commercial campus in a timber hybrid design and has approx. 59,500 square metres of gross floor area in total, making it the biggest timber construction project in the Bavarian capital. From late 2026, Timber Factory will offer a vibrant combination of production and development space and also office and retail space for various solutions in trade and light industry, in the areas of life science, automobiles, robotics, electric mobility and IT.UBM: weekly performance: -3.67% (From the 21st Austria weekly ...

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