Ostermayer (60) is moving to the management of the Viennese real estate developer Imfarr Beteiligungs GmbH of the Farrokhnia family, in which Faymann and his ex-press spokesman Matthias Euler-Rolle also hold three percent each.
Faymann’s right hand
Ostermayer, who has been a member of the Board of Directors of Sozialbau AG since November 2016 and has been General Director there since the beginning of 2018, was for many years the right-hand man of Faymann, who was Vienna City Councilor for Housing from 1994 to 2007 and head of government from 2008 to May 2016. His contract with the SPÖ-related social building would have run until the end of 2022.
As reported, the head of the Vienna MuseumsQuartier (MQ), Christian Strasser, will succeed Ostermayer at the beginning of 2022. He has been on the supervisory board of Sozialbau AG since June 2016, which, according to his own statements, is Austria’s largest non-profit housing association with 53,000 apartments. Strasser, who was born in Upper Austria, is familiar with the industry; among other things, he was responsible for the real estate area of the city of Linz for twelve years.
Real estate projects in Germany
With Faymann he, Ostermayer, “already worked together in a wide variety of roles and will do so now”, said the still-social-building boss about the “courier”. Together they now want to develop real estate projects in Munich, Leipzig and Frankfurt. The Farrokhnia family’s real estate group is no stranger to it; it has been involved in a real estate deal for the Ankerbrot works in Vienna in recent years.
The focus is on the entrepreneur Nemat Farrokhnia (47) – a “news” report mentions his father Nematollah (74), who was in the top management of the Strabag construction company for over 30 years and later was also a member of the supervisory board of competitor Porr, as a gray eminence. In 2020, Nemat Farrokhnia sold the Vienna Ringstrasse Palais Colloredo Mansfeld for allegedly 59 million euros to the OPEC Fund for International Development; he had previously acquired the palace for 45 million euros.
