Von der Heyden Group celebrates the Cornerstone Ceremony of Andersia Silver, Poznań’s highest Skyscraper

Von der Heyden Group has commemorated the start of the above-ground works of Andersia Silver, Poznań, Poland by laying the first stone of its 25 above-ground floors during an inaugural ceremony. The Group’s flagship project, a 40,000 sqm A-class office tower having an investment value of over EUR 105 million, has secured bank financing as well as 10% of its office tenancy in pre-leases ahead of its construction.

The 116 m high skyscraper, Poznań’s highest building after Andersia Tower (105,2 m) is being developed through a joint venture company between the Von der Heyden Group and the City of Poznań with PORR as international and leading general contractor. The ceremony was hosted by Chairman and Founder of the Von der Heyden Group, Sven von der Heyden, Poznań’s Vi-ce Mayor Mariusz Wiśniewski, Managing Director of the Group’s Development arm in Poland, Adam Trybusz and PORR’s CEO Mr. Karl-Heinz Strauss.

The finalization Andersia Silver’s core construction to be finalized in 2023 marks over a quarter of a century of the Von der Heyden Group’s development and co-investor partnership project with the City of Poznań after Poznań Financial Center, Andersia Tower and Andersia Business Center, completed in 2001, 2007 and 2012 respectively.

This will be the fourth and final phase of Von der Heyden Group’s Anders Square project, establishing a reputation of timely and successful delivery of award-winning projects that have shaped the landscape of the city.

“The start of the above ground works of the Andersia Silver project marks the final addition to Anders Square. This state-of-the-art smart building will be designed to the highest standards and ESG solutions, making it a building of tomorrow for a world in transition. For more than a quarter of a century we have strived to achieve what Poznań’s cityscape is today: A bustling, community-oriented location with an A-class tenant structure and a unique opportunity for businesses to claim a spot on one of the major thoroughfares in the city.”- Sven von der Heyden Chairman & Founder of the Von der Heyden Group.

Andersia Silver is designed for gold-level LEED certification and ESG-compliant solutions that will include photovoltaic cells on the facade of the building and electric vehicle charging stations in the parking lots.

Poznań is the fifth-largest city in Poland, a centre of trade, located between Warsaw and Berlin with a metropolitan area and population of around 1.1 million. The Poznań office market has shown resilience over the past years both in terms of low vacancy rates and new office take up, proving itself to be one of the best performing regional cities in Poland.

 

 

Von der Heyden Group Finance plc launches ten-year €35 million bond at 5% coupon

Von der Heyden Group Finance plc was granted approval by the Malta Financial Services Authority for the listing of a new ten-year €35 million bond issue with an annual interest rate of 5% on the Official List of the Malta Stock Exchange.

The new unsecured bonds, having a nominal value of €100 per bond issued at par, are guaranteed by the Group’s parent company, Timan Investments Holdings Limited.

The proceeds from this new bond issue will be used for the redemption of the previous 2017 issuance of €25 million 4.4% unsecured bonds due to mature in 2024, subject to the early redemption of the said maturing bonds to be placed for the approval of the holders thereof. The remaining proceeds will be on-lent to the guarantor, Timan Investments Holdings Ltd for the part-financing of the Andersia Silver project, and for general corporate funding.

The company will be giving preference to the present bondholders of the €25 million 4.4% unsecured bonds 2024 the €25 million dedicated for the roll-over while €10 million will be available for subscription by new investors. Any balance from the new Bonds not subscribed to by existing bondholders shall be offered for subscription by authorised financial intermediaries through an intermediaries’ offer.

Andersia Silver, the Group’s flagship project, a 40,000 sqm A-class office tower having an investment value of over €105 million, has secured bank financing as well as 10% of its office tenancy in preleases ahead of its construction. The 116m high skyscraper will be Poznań’s highest building after its Andersia Tower (105,2 m) being developed through a joint venture company between the Von der Heyden Group and the City of Poznań.

Applications will be made available to preferred applicants on the 1st November and through an intermediaries offer from the 18th November. Subscriptions will close on 2nd December, or earlier if the bond issue is over-subscribed. The minimum subscription amount is €2,000 and in multiples of €100 thereafter.

The bonds to be issued are expected to be admitted to the Official List of the Malta Stock Exchange on 16th December and trading is expected to commence on the 19th December.

As an issuer of debt securities listed on the Malta Stock Exchange, Von der Heyden Group Finance plc, is subject to the Capital Markets Rules issued by the Malta Financial Services Authority.

LINK TO PROSPECTUS: https://vonderheydengroup.com/e35m-5-2032/