Wolf Theiss advises UBM on the sale of a local retail portfolio with a volume of EUR 35 million

Vienna, 17 June 2026 – Wolf Theiss has advised UBM Development AG (“UBM”), one Austria’s leading real estate developers, on the sale of a local retail portfolio with a total volume of approximately EUR 35 million. The portfolio comprises a number of EKAZENT locations in Vienna and Schwechat.

The transaction, structured as a combination of share and asset deals, represents a further step in the strategic rebalancing of UBM’s portfolio. The seller is Ekazent Realitätengesellschaft m.b.H., which is jointly owned by UBM Development AG and FERRIS WHEEL Zwei GmbH, each holding a 50% stake.

The portfolio comprises leasehold interests in several “EKAZENT” locations in Vienna and Schwechat, including the property at Wientalstrasse 45 (1140 Vienna), EKZ Elterleinplatz 11–13 (1170 Vienna), the property at Ada‑Christengasse / Hanson Centre (1100 Vienna), the property at B7 Brünner Strasse 219–221 (1210 Vienna) as well as Zentrum Schwechat at Wiener Strasse 12–16 (2320 Schwechat). In addition, a superstructure (Superädifikat) on the property at Sibeliusstrasse 2a (1100 Vienna) and a building right (Baurecht) at Wiener Strasse 12–16 (2320 Schwechat) were transferred.

“With this sale, we are taking another consistent step in rebalancing our portfolio while further strengthening our focus on UBM’s strategic core areas. The successful closing confirms that there is continued demand for well‑structured real estate portfolios in established locations.”

– Franz Panwinkler, Managing Director, UBM Development Österreich GmbH

“We are pleased to have supported UBM on this transaction and to have once again demonstrated our expertise in complex real estate transactions!”

– Peter Oberlechner, Partner

Wolf Theiss provided comprehensive advice to UBM on the structuring and legal implementation of the transaction, including upstream demergers as well as the subsequent share and asset deals.

The Wolf Theiss team was led by Peter Oberlechner (Partner) and included Elisabeth Poetscher (Senior Associate) and Valentin Weinold (Associate, all Real Estate).

UBM Development is a Europe‑wide real estate development company focusing on the premium segment in metropolitan areas as well as on affordable housing in cities with corresponding demand, including locations outside major urban centres. With more than 150 years of experience, UBM covers the entire value chain from planning through to marketing. Its shares are listed on the Prime Market of the Vienna Stock Exchange.