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

21.08.24

Penguin Random House facility continues to make progress at Rubix Connect

Progress at Penguin Random House Australia & New Zealand's facility at Rubix Connect in Melbourne’s south east is powering ahead.

21.08.24

PIP ANZ Pty Ltd commits to a 7-year lease at The YARDS

Joint Venture (JV) partners Frasers Property Industrial and Aware Real Estate have secured a 7-year lease with PIP ANZ Pty Ltd (formerly Bisley Workwear Australia), leading retailer of workwear, safety wear and protective wear, at The YARDS.

19.08.24

Frasers Property Industrial secures four leases in Melbourne amounting to nearly 64,000 sqm

Frasers Property Industrial has secured four leasing deals across greater Melbourne amounting to nearly 64,000 sqm in gross lettable area.

13.08.24

Frasers Property Industrial breaks ground at new facility at Vantage Yatala

We recently celebrated the appointment of builder McNab at our new 10,465 sqm state-of-the-art facility at Queensland’s Premium Estate Vantage Yatala.

12.08.24

Macquarie Exchange launches health and wellness hub

Macquarie Exchange’s health and wellness hub has launched with Anytime Fitness, Hi-Pilates now open and Body Fit Training and Kabuki café coming in September.

Fresers Property Industrials

It helps to stay informed and ahead.

Subscribe to our latest news.