ÖBB-Immobilienmanagement

What ÖBB-Immobilienmanagement does

ÖBB-Immobilienmanagement Gesellschaft mbH is a wholly-owned subsidiary of ÖBB-Infrastruktur AG (itself owned by Österreichische Bundesbahnen-Holding AG) and operates as Austria's largest property management company by assets and area managed. Founded in 2009 under §24 of the Federal Railways Act (Bundesbahngesetz, BGBl. I 95/2009), the company is statutorily tasked with managing and commercializing the real estate holdings of ÖBB-Infrastruktur AG as well as properties belonging to other ÖBB Group entities including Österreichische Postbus GmbH, Rail Cargo Austria Group, ÖBB-Produktion GmbH, and ÖBB-Technische Services GmbH. It carries out this mandate through six core service lines: Bahnhofs- und Liegenschaftsmanagement (station and property management), Technikmanagement (technical management), Vermietung/Verpachtung/Verkauf (rental, leasing, and sales), Hochbauentwicklung (building development), Liegenschaftsentwicklung (large-scale property development), and Standortkonzentration (location concentration), supplemented by Park & Ride and Barrierefreiheit (accessibility) programs. The company maintains five regional offices covering all nine Austrian federal states and a lean workforce of approximately 41 employees.

The company's revenue model combines recurring rental income from commercial and residential properties (typically quoted per m²/month plus operating costs), transaction-based commercial leases structured as minimum rent plus a percentage of annual net sales (e.g., 5-8% Umsatzpacht at Graz, Villach, and Linz Hauptbahnhof locations), one-time property sales (e.g., €44.3M for 6,834 m² at Nordwestbahnhof Baufeld 11, plots 2 and 2a), and recurring building rent (Bauzins) from Baurecht grants on ÖBB land (e.g., €280K-€740K per year per site). Pricing varies materially by property type and location, with commercial spaces in renovated historical buildings such as Neues Landgut reaching €24-26.30/m²/month and lower-tier locations such as Hütteldorf Bahnhofsgebäude at €6.48/m²/month.

The company's strategic activity centers on converting redundant railway land into mixed-use urban districts. The Wien Hauptbahnhof project delivered approximately 590,000 m² of development area, ~5,000 apartments for ~13,000 residents, and ~550,000 m² of office space for ~20,000 workers. The Wien Nordwestbahnhof project (44 hectares, re-zoned in March 2024) is planned for ~880,000 m² gross floor area with ~16,000 residents and ~4,700 workplaces. Additional active projects include the 33,000 m² Deutschordenstraße development (~400-450 apartments plus a school for the City of Vienna) and approximately 96,000 m² of undeveloped land at St. Pölten-Wörth for logistics/industrial use. Distribution operates through the immobilien.oebb.at listing portal with automated email notifications via the IMMO-Suchagent feature, supported by direct field sales through regional offices.

Name

ÖBB-Immobilienmanagement

Legal name

ÖBB-Immobilienmanagement Gesellschaft mbH

Website

https://immobilien.oebb.at

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

ÖBB-Immobilienmanagement GmbH is Austria's largest property management company, wholly-owned by ÖBB-Infrastruktur AG, managing and developing railway-owned real estate across Austria and serving both ÖBB Group companies and external commercial, residential, and developer customers.

Ownership category

akta.pro rank

Product category

Real Estate Property Management

NAICS

Management of Companies and Enterprises (55111), Administrative and Support Services (561), Commercial and Institutional Building Construction (236220)

SIC

Operators Of Nonresidential Buildings (6512), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Public Property & Asset Management (Federal Buildings, Fleet, Land) (BPAIAAAJ)

Keywords

• Railway property management
• Commercial real estate leasing
• Residential property development
• Urban district development
• Building rights management

Headquarters

HQ city

Wien

HQ country

Austria

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D

Revenue model

1. Property Rental (Vermietung): Rental income from commercial spaces (Büroflächen, Geschäftslokale) and residential properties. Pricing typically quoted per m² per month plus operating costs (Betriebskosten).
2. Property Lease (Verpachtung): Lease (pacht) arrangements for commercial premises, often with minimum rent plus percentage of annual net sales (e.g., 5-8% Umsatzpacht).
3. Property Sales (Verkauf): Sale of properties including land, residential buildings, and commercial real estate. One-time transaction fees. Properties sold include building plots (Bauplätze), houses (Häuser), and developed land.
4. Building Rights (Baurecht): Granting of building rights (Baurecht) for third-party construction on ÖBB land, with annual building rent (Bauzins) payments.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

ÖBB-Immobilienmanagement manages, develops, and commercializes the property portfolio of the Austrian federal railway group. Its core offering includes station and property management, technical facility management, rental, leasing (Pacht), and sales of office, retail, warehouse, and residential real estate, plus large-scale urban property development and building rights (Baurecht) administration across Austria.

Product overview

ÖBB-Immobilienmanagement operates as Austria's largest property management company managing railway-owned real estate through a unified platform of service modules. The core offering consists of Bahnhofs- und Liegenschaftsmanagement (station and property management), Technikmanagement (technical management), Vermietung/Verpachtung/Verkauf (rental/leasing/sales), Hochbauentwicklung (building development), Liegenschaftsentwicklung (property development), and Standortkonzentration (location concentration). These services are complemented by dedicated programs for Park & Ride and Barrierefreiheit (accessibility). The company also operates a property listing portal with an IMMO-Suchagent notification feature. Major urban development projects include Wien Hauptbahnhof, Wien Nordwestbahnhof, and other station-area redevelopments across Austria.

Differentiator

Problem solved

Functional benefit

Products and services

• Bahnhofs- und Liegenschaftsmanagement (Station and Property Management) Core property management service covering railway stations and associated real estate holdings across Austria, managing buildings for ÖBB-Infrastruktur AG and partner companies (Postbus, Rail Cargo, Produktion, Technische Services).
• Technikmanagement (Technical Management) Technical management services for railway properties, including maintenance and technical infrastructure management.
• Vermietung, Verpachtung, Verkauf (Rental, Leasing, Sales) Commercial rental, leasing (Pacht with percentage-based turnover participation), and sale of properties including office spaces, commercial premises, warehouses, land, houses, and apartments across Austria.
• Hochbauentwicklung (Building Development) Development services for new construction projects on railway properties, including planning and project management for buildings.
• Liegenschaftsentwicklung (Property Development) Large-scale urban development projects transforming former railway sites into mixed-use districts with housing, offices, and public amenities (e.g., Wien Hauptbahnhof, Wien Nordwestbahnhof).
• Standortkonzentration (Location Concentration) Consolidation of ÖBB locations and modernization of railway operations, freeing up areas for new development.
• Park & Ride Program Program providing parking facilities at railway stations to encourage combined mobility use of public transport and private vehicles.
• Barrierefreiheit (Accessibility Program) Program ensuring accessibility of railway properties for people with disabilities, compliant with Austrian and EU accessibility legislation.

Quantifiable outcome

• 590,000 m² urban development area completed at Wien Hauptbahnhof with ~5,000 apartments for 13,000 people and 550,000 m² office space for 20,000 workers
• +1 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Five partnerships are on record, tiered core.

• ÖBB-Infrastruktur AGcoreOthersParent company (100% ownership). ÖBB-Immobilienmanagement operates under legal mandate (§24 Bundesbahngesetz) to manage properties of ÖBB-Infrastruktur AG, excluding railway infrastructure per §10a Eisenbahngesetz 1957.
• Österreichische Postbus GmbHcoreOthersProperties managed on behalf of Postbus GmbH as part of the company's property management mandate.
• Rail Cargo Austria GroupcoreOthersProperties managed on behalf of Rail Cargo Austria Group as part of the company's property management mandate.
• ÖBB-Produktion GmbHcoreOthersProperties managed on behalf of Produktion GmbH as part of the company's property management mandate.
• ÖBB-Technische Services GmbHcoreOthersProperties managed on behalf of Technische Services GmbH as part of the company's property management mandate.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• BIG Bundesimmobiliengesellschaft: Austrian federal real estate company that owns and manages a large public-sector property portfolio including federal offices, schools, and housing. Comparable as a state-owned real estate manager in the same Austrian market.
• CA Immobilien Anlagen AG: Listed Austrian real estate investment company focused on office properties in Austria and Germany. Comparable in commercial property investment and active asset management in the same Austrian market.

Direct peers

• ProRail: Dutch rail infrastructure manager responsible for stations, track, and rail-adjacent property. Comparable in its mandate to manage railway-owned properties and coordinate station-area development in the Netherlands.
• NS Stations (Nederlandse Spoorwegen): Dutch national railway's station management and retail/property arm. Operates station real estate including retail, offices, and mixed-use developments at NS-owned railway stations across the Netherlands.
• SNCF Immobilier: Real estate subsidiary of France's national state railway. Develops and manages SNCF-owned properties, including major station-area urban projects, mixed-use developments, and commercial leases at French railway stations.
• SBB Immobilien (Swiss Federal Railways): Real estate and property development arm of Swiss Federal Railways. Most direct comparable: state-owned railway with mandate to develop and commercialize railway-owned land in Switzerland, including station-area projects (e.g., Zürich, Bern, Geneva).
• FS Italiane (Ferrovie dello Stato Italiane): Italian state railway holding company with extensive real estate operations including station redevelopment, urban regeneration projects, and commercial property management at rail hubs across Italy.
• Deutsche Bahn Immobilien / DB InfraGO: Real estate and station management division of Deutsche Bahn. Manages one of Europe's largest railway property portfolios with similar mandate: develop, lease, and sell railway-owned real estate at prime station locations across Germany.

Emerging players

• S IMMO AG: Austrian real estate investment company with mixed residential, office, and retail portfolio across Austria, Germany, and CEE. Comparable in property type mix and focus on Austrian/regional real estate investment.

Regional players

• Wiener Wohnen: Vienna municipal housing authority; manages approximately 220,000+ municipal apartments in Vienna. Operates as a large regional public-sector residential landlord overlapping with ÖBB-IM's residential portfolio in Vienna.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/unsereoebb
• YouTubeyoutube.com/unsereOEBB
• Facebookfacebook.com/unsereOEBB
• LinkedInlinkedin.com/company/%C3%B6bb-immobilienmanagement
• Instagraminstagram.com/unsereoebb
• TikToktiktok.com/@unsere__oebb

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ÖBB-Immobilienmanagement