Remy turned down Newcastle for QPR in January.
Pardew told the Evening Chronicle: "I don't think it was about turning us down.
"Sometimes it is a business decision. That was taken.
"This time I think it is the right football decision for him to come to us. We are the right stage for him.
"We will whet the appetite for him with 50,000 Geordies here to welcome him."
For the big stories and the banter follow us on Twitter: @tribalfootball