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

03.03.25

Construction begins at new industrial and commercial park in Günzburg, Germany

Frasers Property Industrial begins construction of new industrial and commercial park in Günzburg, Germany with three new buildings spanning a total lettable area of 49,206 sqm to be constructed.

26.02.25

Introducing RISE, our newest premium industrial estate in Melbourne

Introducing RISE, our newest premium industrial estate in Melbourne, brought to life through our joint venture with ESR Australia & NZ.

19.02.25

Step into Komatsu Australia’s state-of-the-art facility at Canvas West

Komatsu Australia showcase their new 12,610 sqm state-of-the-art facility at our Canvas West estate in Melbourne’s West.

12.02.25

IVE Group breaks ground on sixth facility with Frasers Property Industrial

ASX-listed IVE Group breaks ground at new 32,702 sqm purpose-built facility at Rubix Connect in Melbourne’s Dandenong South.

11.02.25

Two new leases secured at The Tube Germany

Frasers Property Industrial has secured two new leases at its new industrial and commercial park, The Tube, in Düsseldorf, Germany.

Fresers Property Industrials

It helps to stay informed and ahead.

Subscribe to our latest news.