ARGAN: It is DANONE’s turn to choose ARGAN for a future logistics site in Tours

Core Insights - DANONE has selected ARGAN for a future logistics site in Tours, indicating a strategic partnership aimed at enhancing operational efficiency and sustainability [1][5] - The new site will feature an Aut0nom®-labelled positive cold storage warehouse, emphasizing ARGAN's commitment to environmentally friendly practices [2][6] Group 1: Site Details - The new logistics site will be located in Sorigny, a prime area with direct access to major highways, enhancing logistical efficiency [3] - The site will cover 8,200 sq.m, including a 6,400 sq.m cold storage facility, and is expected to utilize green energy generated on-site [6] Group 2: Economic and Environmental Impact - The development will create a modern facility that combines economic efficiency with environmental excellence, preserving green landscapes on one-third of the land area [4] - The lease agreement between ARGAN and DANONE is for a fixed term of 9 years, starting from the expected delivery date in Summer 2026 [5] Group 3: Company Profile - ARGAN is a leading French real estate company specializing in the development and rental of premium warehouses, with a portfolio of 3.7 million sq.m valued at €3.9 billion [8] - The company has a strong financial position, reflected in its investment-grade rating (BBB- with a stable outlook) and a commitment to ESG policies [9]