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UBS and IMPACT Real Estate to Develop Sustainable Housing in Nuremberg

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.
deal-magazin.com
Euro Novartis AG Sparkasse Nürnberg UBS Asset Management AG DEU Andrea Heilmaier Matthias Wittmann Erik Aalto Meysam Zarei Show more
Environment & Sustainability, Press Release
10:06 30.04.2025

ubs asset management and impact real estate transform former novartis site into housing

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.
Konii
Euro Sparkasse Nürnberg UBS Asset Management AG DEU Andrea Heilmaier Matthias Wittmann Erik Aalto Meysam Zarei Show more
Environment & Sustainability, Press Release
07:42 30.04.2025
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