• UBM Development started construction in August on Thule48, a 78-unit condominium project in Berlin-Pankow, with completion planned by 2028.
• The development totals about 4,800 square meters of residential space, positioning it as the final new-build in the Immergrün квартal.
• Pre-sales reached about 30% before groundbreaking, with seven notarized purchase contracts signed in June.
• The project targets KfW Efficiency House 40 standards, with preparation for QNG and a planned DGNB Gold certification.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UBM Development AG published the original content used to generate this news brief on August 25, 2026, and is solely responsible for the information contained therein.