ARGAN leases 32,000 sq.m at its Coudray-Montceaux (91) site, bringing portfolio occupancy back to 100%

Core Viewpoint - ARGAN has successfully leased 32,000 sq.m at its Coudray-Montceaux site, achieving 100% occupancy across its portfolio of approximately 4 million sq.m of warehouses [1][4]. Company Overview - ARGAN is a French real estate company specializing in the development and rental of premium warehouses, listed on Euronext and recognized as a leading player in its market [5][7]. - As of December 31, 2025, ARGAN's portfolio consisted of 3.8 million sq.m across more than 100 warehouses in France, valued at €4.1 billion, generating an annual rental income of €214 million [5]. Recent Developments - JS LOGISTICS, a subsidiary of the ZONGTENG Group, has signed a nine-year lease for the newly occupied space, marking its fourth site in the Paris region since entering the French market in 2018 [2][3]. - The Coudray-Montceaux site, located near the A6 motorway and approximately 30 kilometers from the Paris ring road, is strategically positioned for logistics and transport activities [2]. Operational Highlights - The successful leasing of the Coudray-Montceaux site reflects ARGAN's strategy of managing its leasing portfolio in-house, supported by its property and asset management teams [4]. - With this new lease, JS LOGISTICS will operate close to 100,000 sq.m in the Île-de-France region, handling various goods including furniture and DIY products [2]. Financial Strength - ARGAN's business model is characterized by profitability, well-managed debt, and sustainability, evidenced by its investment-grade rating (BBB- with a stable outlook) from Standard & Poor's [6]. - The company is committed to an ESG policy, receiving recognition from third-party agencies such as GRESB and Sustainalytics for its sustainability efforts [6].