Joseph Obiegbu becomes the new managing director of Immoscout24 Austria!

Joseph Obiegbu becomes the new managing director of Immoscout24 Austria!

Österreich - Joseph Obiegbu becomes Managing Director of Immoscout24 Austria on April 1st. In doing so, he takes on a key role in a company that has been active in the Austrian residential and commercial market since 2012. Together with Markus Dejmek, he will head the business and responsible for finance, personnel, marketing and customer care. Ralf Weitz, the previous managing director, hands over his position to Obiegbu and will concentrate on his role as CEO of Scout24 SE. Weitz emphasizes the need for a comprehensive digital ecosystem for the real estate market, which also reflects the strategic orientation of immoscout24.

Obiegbu has valuable experience in the areas of finance, staff and business development. He has been part of the Scout24 group since 2018 and most recently worked as Head of Finance & HR for Immoscout24 Austria. After the takeover by the Scout24 group, he will also be managing director of the Scout24 subsidiary Exploreal from January 2025. Obiegbu, who has a degree in international business administration from the University of Vienna, is determined to expand the Immoscout24 business in Austria and to promote digitization of the real estate industry. This objective is particularly relevant because the industry is faced with current challenges.

Takeover of Immounited

As part of its expansion strategy, the German Scout24 group recently took over the Vienna real estate data service provider Immounited. The company was founded in 2007 under the direction of Roland Schmid and has established itself in the industry. Schmid will stay in the company during a transition phase to bring in his know-how. Markus Dejmek, Managing Director of Immoscout24 Austria, explains that the takeover is part of the strategy to bring reviews and real estate ads together and to digitize transactions. Details on the purchase price were not announced, but IMMOUNITED recently had around 50 employees.

trends on the real estate market

The current development in the real estate market is also influenced by structural transformations. An investigation by EY shows that 100% of the approximately 50 investors surveyed assess Austria's real estate location as attractive or very attractive. In addition, 71% of those surveyed expect an increasing volume in the real estate market. Digitization, climate protection and demographic change are megatrends that have been shown to have an impact on the real estate market. 88% of investors see digitization as a significant factor for future planning and investments.

The demand for residential user per person is expected to increase, while the birth rate in industrialized countries could decrease. The climate crisis also plays a crucial role: climate protection has become increasingly important in recent years, and 80% of those surveyed see its effects on the real estate market. In the EU, the goal is to become climate -neutral by 2050, whereby Austria is already aiming to achieve this goal in 2040. Thus, the digital transformation in the real estate industry will be of crucial importance for both efficiency and sustainable development.

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