UBM Development Czechia s.r.o. is a Prague-based real estate developer, active in the Czech market since 1993 and part of the international UBM Group. Over three decades, the company has built a reputation for its distinct approach to architecture and its focus on Prague and surrounding regions. Its history includes major urban renewal projects such as the Anděl City multifunctional complex in Prague 5-Smíchov, an extensive development featuring apartments, offices, retail, restaurants, cinema, hotels, and public spaces, significantly shaping the district’s character.
The company operates across residential, office, and hotel development. In residential construction, UBM recently completed the Arcus City complex in Prague-Řeporyje, comprising 278 apartments, all sold. Another notable project is Timber Praha, the city’s first wooden multi-storey apartment buildings. These structures apply modern environmental standards, utilizing timber, heat pumps, geothermal energy, and photovoltaic panels, and have received the BREEAM Excellent sustainability rating.
UBM Development Czechia’s hotel undertakings include the revitalization of historic structures like the Sugar Palace into the Andaz Prague Hotel, which has garnered both national and international awards for architecture and interior design. The company also delivers office buildings, such as Astrid Offices in Prague 7.
Currently, UBM is developing Rezidence Na Plzeňce, a 160-apartment project in Prague 5-Smíchov a noted example of its emphasis on energy-saving technologies and urban integration. UBM Development Czechia runs its own design and project management service, handling acquisition and construction in-house, and maintains a core team of architects and planners involved locally and internationally.