Dormakaba Signs Sale-and-Leaseback for Rümlang Headquarters

Dormakaba Holding AG has entered into a sale-and-leaseback agreement for its headquarters in Rümlang, Switzerland, with Schroders ImmoPLUS. The property was sold for over CHF 80 million. This move aims to enhance financial flexibility, enabling dormakaba to reinvest in strategic growth initiatives.

Under this agreement, dormakaba will lease the site on a long-term basis, ensuring no disruption to its Swiss operations. The lease includes an initial 12-year term, with options to extend for up to 10 more years. This transaction allows dormakaba to allocate capital more effectively, prioritizing investment in innovation and business development.

The deal reflects attractive real estate market conditions and aligns with the company's strategy to maintain operational continuity while enhancing financial resources. Dormakaba's commitment to Switzerland remains strong, with continued operations from Rümlang.