Dormakaba's Sale-and-Leaseback Deal for Rümlang Headquarters

Dormakaba has finalized a sale-and-leaseback deal for its headquarters in Rümlang, Switzerland, with Schroders ImmoPLUS, fetching over CHF 80 million. This strategic move aims to bolster financial flexibility by reallocating capital tied in real estate to key growth initiatives. Notably, dormakaba will continue operations at the Rümlang site under a 12-year lease, with potential extensions of up to 10 years, ensuring no disruption for employees and partners.

Chief Financial Officer René Peter highlighted the transaction's role in preserving operational continuity while investing in innovation and growth. The favorable market conditions reflected by strong investor interest make this a timely decision. Dormakaba remains committed to its Swiss roots, underscoring the country's importance in its identity and success.