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SRC-Scharff Research und Consulting GmbH Klingerstr. 23 60313 Frankfurt, Germany http://www.src-research.de
Contact Mr Stefan Scharff +49 69 40031380
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SRC-Scharff Research und Consulting GmbH

UBM with solid figures in the first half 2015

We adapt our too optimistic profit estimate for 2015 - TP reduced to €58.00 - Buy rating affirmed

(PresseBox) (Frankfurt, )
SRC Research the bank-independent analysts' house for Financial and Real Estate stocks today publishes a research update for Austrian real estate developer UBM Development AG. The company evolved from a merger of Austrian companies UBM Realitätenentwicklung AG and PIAG Immobilien AG which was finalized in February. The company is developer and investor of premium properties, in particular residential, office and hotels and mainly active in the three European core countries Austria, Germany and Poland which stand for almost 90% of its development activities.

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