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UBS Asset Management and Impact have acquired the former Novartis headquarters in Nuremberg to develop a mixed-use complex featuring approximately 415 apartments, social facilities, and retail space on a 10,000 square meter site. Completion is expected by the end of 2027, with a strong emphasis on ESG criteria and sustainable urban development. The project is supported by the City of Nuremberg, highlighting effective collaboration between public and private sectors in addressing housing needs.
UBS Asset Management and IMPACT Real Estate have acquired the former Novartis headquarters in Nuremberg, planning to develop a residential complex with around 415 apartments by 2027. The project emphasizes ESG compliance and sustainable urban development, supported by the City of Nuremberg's Economic Affairs Department. Sparkasse Nürnberg is also involved, highlighting the importance of socially effective residential projects in the region.
UBS Asset Management and IMPACT Real Estate have acquired the former Novartis headquarters in Nuremberg to develop a pioneering residential complex featuring around 415 apartments, social facilities, and retail space by 2027. The project emphasizes strict adherence to ESG criteria and sustainable urban development, supported by the City of Nuremberg and local financing partners. This collaboration aims to create a modern living space that balances ecological and economic needs, setting new standards for the region.
Andrea Heilmaier
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ubs and impact transform former novartis headquarters into residential complex in nuremberg
12:33 30.04.2025
UBS and IMPACT Real Estate to Develop Sustainable Housing in Nuremberg
Euro
Novartis AG
Sparkasse Nürnberg
UBS Asset Management AG
DEU
Andrea Heilmaier
Matthias Wittmann
Erik Aalto
Meysam Zarei
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10:06 30.04.2025
ubs asset management and impact real estate transform former novartis site into housing
Euro
Sparkasse Nürnberg
UBS Asset Management AG
DEU
Andrea Heilmaier
Matthias Wittmann
Erik Aalto
Meysam Zarei
Show more
07:42 30.04.2025
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