PANDION develops ALH property portfolio in Stuttgart West

November 2022

PANDION is expanding its project pipeline with several future new developments in Stuttgart´s city centre. The seller of the real estate portfolio, consisting of three separate office portfolios with a total of around 38,000 m² GFA, is Hallesche Krankenversicherung, a member of the ALH Group, which currently still uses all of the existing buildings in Stuttgart´s west itself. PANDION plans to further develop the ALH properties under existing building law and will realise modern, high-quality commercial projects under its office brand PANDION OFFICEHOME.

"These are exactly the locations we wanted. The City-Portfolio in the west of Stuttgart is perfectly suited for the development of new, modern offices," says Reinhold Raster, Managing Director of PANDION Real Estate GmbH and Branch Manager for Munich and Stuttgart. "This means that in the next few years we will be creating prestigious company addresses at various locations in the city that meet the high-quality standards of New Work and are also impressive in terms of mobility and urbanity."

You can find more information on the purchase in our press release (DE).