PREMIUM Development

PREMIUM Development

Building on more than 20 years of real estate experience in the European market, PREMIUM Development Inc. was founded in 2017 as the U.S. office of the PREMIUM Group. By tapping into local market expertise, PREMIUM Development Inc. leverages the experience, philosophy and development values of the PREMIUM Group to identify and develop multifamily projects in urban cores.

Founded in Vienna, Austria, in 1995, the PREMIUM Group is a leader in the multifamily, real estate development market. With a team of 78 employees and a total investment value of more than € 1.4 billion, the PREMIUM Group has successfully built 280 projects, including more than 7,800 units and a cumulative living space of 570,000 m² / 6,100,000 sf. PREMIUM’s merchant development business model focuses on developing smartly designed, market-rate residential buildings and communities in fast-growing, highly livable cities, such as Vienna, Berlin and Miami, and then stabilizing the asset for disposition.

PREMIUM’s development platform of competitively priced housing is proven and diversified, and yields significant investment opportunities to multifamily institutional investors through comprehensive research, financial assessment, superior design and construction capabilities, and ground-up operational expertise.