UBM Development

UBM Development has successfully placed the Green Bond 2026–2031 with a total volume of 58m. In the exchange offer around 18m nominal (36%) of the Green Bond 2023–2027 were swapped, reducing the due repayments in 2027 to about 32m; additionally, 40m of new capital was raised through a cash subscription. The proceeds will be used to refinance eligible projects and to expand the pipeline in affordable housing; the next larger bond repayment of 93m is not due until October 2029. » Altro su finanzen.net

UBM Development reports a pre-tax result of more than €7m in the first half of 2026 after a €6m loss a year earlier. Revenue rose 36%, net debt fell to €475m and the equity ratio improved to 36.6%. Management is driving a reorientation toward affordable housing and sees potential for more than 100,000 m² of development land, but, citing market volatility, is not issuing a concrete full-year forecast. Liquidity consumption after bond repayments and a weak German market remain risks. » Altro su de.investing.com

On 13 November 2025 UBM Development will repay the remaining €75.06m of the 2.75% 2019–2025 bond as scheduled. €44.94m were already swapped into Green Bonds in 2024 and 2025, so the entire bond portfolio now consists of Green Bonds and Sustainability-Linked Bonds. As of 30 June 2025 UBM had €167.3m in liquidity and an equity ratio of 30.1%; no further bond maturities are planned until May 2026. » Altro su finanzen.net