Convalor has invested into the project company, named “KD
Stadtsanierungsgesellschaft Ehrenfeld mbH & Co KG“, which was
supported by Stefan Frey AG. The partners intended to realize approx. 12,000 sqm of gross floor space on a
nearly 10,000 sqm property in “Alsdorfer Straße“ in Cologne Ehrenfeld. The zoning plan procedure was
initiated at the end of 2016.
After all the hold shares in the project company were sold to the corporation Pandion Real Estate GmbH in April 2018 who will continue the action plan on the acquired site and on the owned neighbouring property based on the current zoning plan procedure.