Teamwork Meets Experience – the Senior Management and the Chairman of the Advisory Board

Property development is a team-based effort. Our projects always combine various disciplines, detailed special skills, and plenty of know-how. The senior management team of FAY Projects GmbH reflects the fact. Our senior management pools proven and recognised experts with various professional backgrounds. There is one thing, however, they all have in common: many years of hands-on experience and interdisciplinary knowledge.

Wolfgang Heid

Chairman of the Board and CEO

Wolfgang Heid's sphere of ownership at FAY Projects includes the corporate divisions finance and controlling, business organisation, human resource and organisational development, risk management, accounting, taxes and legal, IT as well as marketing and corporate communication. In the project area, he has the market responsibility for hotel concepts while also being responsible for legally and fiscally structuring acquisitions and sales of properties, companies and joint ventures. Before joining FAY Projects, he worked as chartered accountant and tax consultant for PwC Deutsche Revision AG and its precursor companies between 1991 and 2005. Having transferred to FAY Group in 2005, he initially served as managing director, then moved on to become one of the company's managing partners in 2007, and has since then worked as close personal advisor of the Chairman of the Advisory Board, Prof. Andreas-Norbert Fay. In late 2008, Wolfgang Heid was appointed as Chairman of the Board and CEO.

Ralph Esser

Managing Director

Ralph Esser's sphere of ownership at FAY Projects includes distribution, funding, liquidity control, as well as the control of strategic alliances and partnerships.

Ralph Esser started his professional career as a classic banker. In 1992, he began to seriously study the real estate market. Having completed a degree program at the European Business School in Oestrich-Winkel (EBS), he gathered valuable leadership experience with renowned mid-market property companies, before transferring to FAY Group as Managing Partner.

Thomas Frank

Managing Director

Thomas Frank is in charge of engineering and realisation, development calculations, the execution of technical due diligences prior the property acquisitions, as well as project control until completion, all owner/builder functions, and consultancy.

As a certified civil engineer, he started assisting the senior management of FAY Projects GmbH in 2011, initially as project manager with the task of canvassing new clients, and as project manager in construction site supervision. In 2014, he was appointed Managing Director.

His résumé lists, inter alia, the completion of prestigious and highly complex big-ticket projects such as the Commerzbank Tower in Frankfurt, the Lufthansa Training & Conference Center in Seeheim-Jugenheim, and the redevelopment of the Waidmarkt urban quarter in Cologne.

Clemens Rapp

Managing Director

Clemens Rapp is responsible for sales and acquisition at FAY Projects and manages the FAY office in Berlin.

Clemens Rapp has been working for FAY since the beginning of his training as a real estate agent in August 2006. Since September 2011 he has been leading the FAY office in Berlin. Prior to this, he completed further training as a real estate economist (IRE|BS) at the International Real Estate Business School in Kloster Eberbach (Eltville). Further studies to become a Chartered Surveyor (MRICS) and a Diplom-Immobilienwirt (DIA) at the German Real Estate Academy followed from 2013 onwards, as well as a Bachelor of Arts in Business Administration at the Steinbeis University in Berlin. In January 2020 Clemens Rapp was finally appointed to the management of FAY Projects GmbH.

Prof. Andreas-Norbert Fay

Chairman of the Advisory Board

Prof. Andreas-Norbert Fay is Chairman of the Advisory Board, and in this role responsible for the strategic alignment of the company and for the high level customer relationship. He was already active in the family business while still enrolled in a legal degree program at the universities of Heidelberg, Lausanne and Mainz between 1981 and 1987. Having been admitted to the bar and having obtained a degree in real estate economics from the European Business School in Oestrich-Winkel (EBS), he began to devote himself to the company full-time. In 1994, he was appointed to the senior management, and served in various roles until 2008. In the years since, he has chaired the Advisory Board.