UBM builds wooden apartment building in Prague

18
Apr
2023
News - UBM builds wooden apartment building in Prague #construction #Czech Republic #development #Prague #residential #UBM #wood

by Property Forum | Residential

UBM Development Czechia has launched the construction and sale of Timber Prague apartments. The first wooden multi-storey apartment buildings in modern history are being built in Prague. Timber Praha is being developed within the Arcus City residential complex and offers 62 apartment units in modern multi-storey wooden buildings made of solid wood panels, UBM announced.


UBM Development Czechia is now launching the construction of wooden multi-storey apartment buildings in Prague, following the vision of its parent company UBM Development AG, which plans to become Europe's largest developer of eco-friendly buildings with wooden construction. UBM's design department designed the new Timber Prague residential project based on the original design by the Casua architectural studio, which was originally planned as a classic concrete building. The chamber-style apartment buildings contain 62 flats with layouts from 1 + kk to 4 + kk and sizes from 39 sqm to 110 sqm. Each flat will have its own cellar and parking space in underground garages. UBM implements its residential projects with BREEAM ecological certification confirming the standard of buildings in the field of sustainability and environmental friendliness. It also emphasises social and economic aspects. Timber Prague is built to BREEAM Excellent and with an energy certificate in the most economical category A. The developer plans to complete the Timber project in Q4 2024.

"We will become the first developer in Prague to build multi-storey apartment buildings made of wood. Only the lower structure, including the foundations and some staircase elements, will be made of concrete, otherwise, it will be a pure wood building," says Josef Wiedermann, managing director of UBM Development Czechia, adding: "The main advantage of buildings made of wood is their minimal carbon footprint and at the same time it is a renewable material. Wood will also become part of the interior of apartments and common areas of buildings as a design element. We are bringing good energy housing to the market because wood, as a natural material, has a positive effect on the human psyche. The houses will be equipped with energy-saving features, heat pumps, photovoltaic panels, geothermal boreholes, retention tanks to reuse rainwater and smart technologies."

Josef Wiedermann

Josef Wiedermann

Managing Director
UBM Development Czechia

Josef Wiedermann is the Managing Director of UBM Development Czechia. After graduating from the University of Economics in Prague and studying at the Otto-Friedrich University in Bamberg, Germany, he worked for the German development company ECE based in Hamburg. For more than 15 years he worked in various management positions and was responsible for the company's expansion into the CEE region. In 2016 he founded his own real estate consultancy company JWC. Since 1 March 2020, he has been a member of the Board of Directors of UBM Development Czechia and the Executive Committee of UBM Development AG. His responsibilities include the acquisition, development, marketing and sales of UBM projects in the Czech Republic. More »

"The height of the Timber Praha buildings is in accordance with the existing legislation in the Czech Republic, which allows the construction of structures using wood up to a maximum fire height of 12 metres," says Tomáš Krejčí, Director of the Design Department at UBM Development Czechia, and adds, "In Germany and Austria, technical and fire regulations have existed for many years allowing the construction of tall wooden and hybrid buildings. It is common to design residential and office buildings with six or more floors. Our company UBM has now built, for example, the nine-storey Timber Pioneer office building, the first timber-hybrid office building in the Europaviertel business, a financial and residential district in Frankfurt am Main, Germany. We are also preparing, for example, the 12-storey Timber Peak office building in the port of Mainz and other buildings in Austria and Germany with a total gross floor area of around 250,000 sqm."

UBM Development Czechia has chosen a proven supplier for its pilot timber building project in the Czech Republic. "The supplier of the wooden structures is the Austrian company ELK with many years of experience and many realizations of wooden buildings in Austria. For example, it built one of the houses in the residential complex Barany.7 in Vienna for the parent company UBM," says Josef Wiedermann.




Latest news


New leases

  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.


Latest news

News - Warsaw building permits now take 18 months
09
Jul
2026

Warsaw building permits now take 18 months

by Property Forum
Warsaw's residential land market is undergoing a shift in how plots are valued. Alongside location and development potential, the ability to move efficiently through the investment process has become a key factor. Land with a clear planning status and a valid building permit is becoming increasingly valuable. The current market environment requires much greater selectivity and a thorough assessment of investment risk, says Damian Karkośiński, Investment and Acquisitions Specialist at Walter Herz.
Read more >
News - Matadorka Living secures project financing from Tatra banka
09
Jul
2026

Matadorka Living secures project financing from Tatra banka

by Property Forum
The Matadorka Living residential project in Petržalka has secured project financing from Tatra banka, reaching a key milestone in its development.
Read more >
News - Croatia's Tokić bets big on 40,000 sqm automated Zagreb hub
09
Jul
2026

Croatia's Tokić bets big on 40,000 sqm automated Zagreb hub

by Property Forum
Logis Helena d.o.o. and Tokić d.d., Croatia's distributor of automotive parts and tyres, have signed a long-term lease agreement for an automated logistics and distribution centre in the Sveta Helena Business Zone, near Zagreb.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy