First topping-out ceremony in "Ehrenveedel" in Cologne-Ehrenfeld

Pandion AG has appointed KSP Jürgen Engel Architekten as the executive architects for the construction of an office building in Stuttgart-Feuerbach. The Frankfurt-based architects won the architectural competition, beating eight renowned architect’s offices. “In our eyes, the winning plan by Jürgen Engel offers the more suitable urban integration in the surrounding district, particularly in relationship to the newly emerging Leitz site. The factory-like façade is perfect for the location and lends the building a high-quality and modern aesthetic”, says Steffen Jüstel, Manager of PANDION’s Branch Office in Stuttgart, in praise of the jury’s decision.

With a target volume of 50 million euros, PANDION is issuing a corporate bond for the first time. The securities prospectus required for the issue was approved by the Commission de Surveillance du Secteur Financier (CSSF) and notified to the German Federal Financial Supervisory Authority (BaFin). IKB Deutsche Industriebank AG is acting as Sole Lead Manager. It is expected that the bond will be included in trading on the Open Market (Regulated Unofficial Market) of the Frankfurt Stock Exchange from October 30, 2020 at the latest.

In Düsseldorf, we welcome the first two top-class tenants in our PANDION FRANCIS office building: Kienbaum Consultants International, a Cologne-based personnel and organization consultancy, and the cosmetics company La Prairie from Baden-Baden.