UBM Development with significant earnings growth (EBT) of 21% in the first quarter of 2018
(World News Austria)

Vienna, 30 May 2018 - UBM Development continued its strong operating performance during the first quarter of 2018. Earnings before taxes (EBT) rose by 21.4% quarter-on-quarter, and earnings per share even exceeded the past year by 39.2%. `As the first quarter confirms, we are in for a record 2018`, said Thomas G. Winkler, CEO of UBM Development. UBM also consistently pursued its strategic goals, and the transformation into a pure real estate developer through the `Pure Play Program PPP` gained momentum. Standing assets with a combined value of approximately EUR 65m were sold during the first three months alone, and additional sales with a volume of more than EUR 100m are expected by mid-2019....