Gaggenau Acquisition

28  JUNE  2021

Frasers Property Industrial acquires a commercial property in Gaggenau, Baden-Wuerttemberg, as part of a sale-and-leaseback transaction. The seller and main tenant is SWARCO Dambach GmbH, which specializes in individual solutions for systems to secure, steer and regulate road traffic. The property is located in Gaggenau's industrial park on Adolf-Dambach-Strasse and has a total area of approximately 78,793 square metres. The property includes several production, logistics and office buildings, which provide a total leasable area of approximately 36,698 square metres.

 

The commercial property has convenient access for both transportation and public transport. Right next to the building there is a streetcar station, which allows for Rastatt to be reached in a 20-minute ride and Karlsruhe main station in a 35-minute ride. In addition, the B462 trunk road is within easy sight of the business park and provides access to the A5 federal freeway near Karlsruhe. Due to this, the site is well connected to France and also has a direct link to Basel on the French-Swiss border.

 

Alexander Heubes, Managing Director Europe for Frasers Property Industrial, welcomes the new tenant: "We are pleased to be able to expand our portfolio in the economically strong region of the central Upper Rhine. This is another milestone for our expansion strategy in the European market. We are highly motivated to further develop this excellent location together with SWARCO Dambach and have a lot of plans for the future."

 

SWARCO Dambach is one of the most important companies in Gaggenau's industrial history. Founded as a sign factory back in 1925, it has become a "hidden champion" in its niche through global expansion into 70 countries as well as through strategic acquisitions.

Related News

24.11.24

Two new leasing deals secured with Fletcher Insulation

We’re thrilled to announce that Fletcher Insulation has signed two new leases with us in Victoria, marking our third transaction with the group since 2020.

18.11.24

Solar power installation begins at The Tube, Germany

Together with Sunrock, we are excited to announce the installation of a 6.7 MWp solar power system at The Tube in Düsseldorf, Germany.

13.11.24

Frasers Property Industrial introduces new video series

In a new video series we ask our most influential thinkers how they see the future of industrial property evolving over the next century.

12.11.24

Frasers Property Limited reports FY24 full year results

Frasers Property Limited (FPL) has announced its results for the full year ended 30 September 2024 (“FY24").

06.11.24

Troy Whalan joins industry leaders on panel at PCA Industrial Lunch Queensland

We were thrilled to see Troy Whalan, General Manager – Queensland as part of a panel at the Property Council of Australia’s QLD Industrial Lunch.

Fresers Property Industrials

It helps to stay informed and ahead.

Subscribe to our latest news.