PANDION acquires property in Berlin-Kreuzberg

The Cologne-based project developer PANDION has purchased a new property in Berlin-Kreuzberg. With the approximately 4,800 square meter property in Prinzessinnenstraße, the real estate company is expanding its property pipeline with a future new development in the direct vicinity of the already realized project OFFICEHOME The Shelf and OFFICEHOME The Grid.

PANDION will build a modern, high-quality commercial project with 16,000 square meters of gross floor space at the site under its office umbrella brand PANDION OFFICEHOME. Construction is scheduled to start in 2024, with a construction period of 24 months. The building is accordingly scheduled for completion in 2026. The seller of the property, which consists of a former car dealership, a workshop hall and an open area, is Alpha 4 Mercedes-Benz Grundstücksverwaltung GmbH & Co. OHG. The parties have agreed not to disclose the purchase price.

“Friedrichshain-Kreuzberg is Berlin’s fastest growing office market and is one of the most densely populated areas of the city,” said Mathias Groß, head of PANDION’s branch in Berlin. “In recent years, the district has attracted an exciting mix of companies from IT, media and e-commerce sectors as well as the cultural and creative industries. In the immediate vicinity you can also fine a great gastronomic variety. In this attractive office location, we will be creating a prestigious company address over the next few years, that can’t be beat in terms of creativity and urbanity.” The property is within walking distance of the Moritzplatz subway station and thus has perfect connections to public transportation as well as numerous recreational and shopping opportunities.

As already with other projects, PANDION will also make the existing building in Prinzessinnenstraße available for various socio-cultural temporary uses until the end of 2023. In Berlin, PANDION is currently developing three further office projects in Friedrichshain-Kreuzberg with the OFFICEHOME Ostkreuz Campus. In the residential sector, the company is currently planning and building projects in the Berlin districts of Steglitz-Zehlendorf, Treptow-Köpenick and Friedrichshain-Kreuzberg. Angermann acted as an intermediary in the purchase of the property.

For further information on the Airport Region Berlin Brandenburg, please contact:

Sandra Koletzki  | sandra.koletzki(at)

(Source: PANDION AG, 01/12/2023, "PANDION acquires property in Berlin-Kreuzberg")