March 2026

PANDION AG has secured €240 million in project financing from Apollo for the development of the OFFICEHOME Beat office project in Munich’s Werksviertel district. The project, with approximately 33,000 square meters of gross floor area, is fully leased to Siemens AG as a single tenant. The location is one of the most dynamic and sought-after inner-city development districts in Germany and represents a modern, urban work environment in a central location. The financing provided by funds managed by Apollo forms the basis for the realization of OFFICEHOME Beat, currently one of the largest projects in Munich. The building is aiming for DGNB Gold certification and WiredScore Gold status.

“Apollo’s financing of OFFICEHOME Beat confirms the project’s strong financial standing. With an internationally renowned financing partner and a blue-chip tenant like Siemens, the project underscores the appeal of our OFFICEHOME concept in prime German locations,” says Reinhold Knodel, CEO of PANDION AG.

PANDION was advised by VICTORIAPARTNERS GmbH on the structuring of the financing solution.