Warehousing and Logistics Real Estate
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ARGAN: It is DANONE's turn to choose ARGAN for a future logistics site in Tours
GlobeNewswire News Room· 2025-07-03 15:45
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]. Company Overview - ARGAN is a leading French real estate company specializing in the development and rental of premium warehouses, with a focus on sustainability and customer-centric services [8][9]. - As of December 31, 2024, ARGAN's portfolio includes 3.7 million sq.m of warehouses valued at €3.9 billion, generating an annual rental income of approximately €205 million [10]. Project Details - The new logistics site in Sorigny will cover 8,200 sq.m, including a 6,400 sq.m cold storage area, and is expected to be operational by Summer 2026 [5][6]. - The site is strategically located near major highways and existing logistics infrastructure, enhancing accessibility and operational efficiency [3]. Environmental Commitment - The development will utilize renewable energy and maintain green landscapes on one-third of the land area, aligning with both ARGAN's and DANONE's sustainability goals [4][11]. - The Aut0nom® label signifies a commitment to carbon neutrality in building operations, which was a key factor in DANONE's decision to partner with ARGAN [7].
ARGAN signed a new lease for 7,000 sq.m as part of its Aut0nom® in Serris (77)
Globenewswire· 2025-06-10 15:45
Core Viewpoint - ARGAN has signed a new lease for a 7,000 sq.m logistics site in Serris, which will serve as a national logistics hub for ZyCOM, a client specializing in telecom distribution, highlighting the company's successful rental management and the relevance of its environmentally friendly Aut0nom® logistics standard [2][5][6]. Company Overview - ARGAN is a leading French real estate company focused on the development and rental of premium warehouses, with a portfolio of approximately 3.7 million sq.m, generating an annual rental income of nearly €205 million as of December 31, 2024 [7][8]. - The company operates under the Aut0nom® label, which signifies carbon-neutral buildings, and has developed 15 such projects across France since 2022 [3][4]. Environmental and Technical Features - The Aut0nom® logistics site in Serris utilizes electric heat pumps and generates its own green energy through a photovoltaic power station, achieving a BREEAM Very Good certification [3][5]. - ZyCOM's Senior Project Manager emphasized the site's technical and environmental qualities, aligning with the company's high environmental ambitions [6]. Financial Performance - ARGAN maintains a 100% occupancy rate across its portfolio of 100 warehouses, reflecting the expertise of its teams in rental management [5]. - The company holds an investment-grade rating of BBB- with a stable outlook from Standard & Poor's, indicating financial solidity [8].
ARGAN finalized the refurbishment and extension of a fulfilment centre for GEODIS in Toulouse
Globenewswire· 2025-05-15 15:45
Core Viewpoint - ARGAN has successfully completed the refurbishment and extension of a fulfilment centre for GEODIS in Bruguières, enhancing the facility's capacity and sustainability while establishing a long-term partnership through a new 12-year lease [2][6]. Company Overview - ARGAN is a leading French real estate company specializing in the development and rental of premium warehouses, with a focus on carbon-neutral facilities [8]. - As of December 31, 2024, ARGAN's portfolio includes 3.7 million sq.m of warehouses, appraised at €3.9 billion, generating an annual rental income of approximately €205 million [9][8]. Project Details - The extension of the Bruguières fulfilment centre added 2,900 sq.m, bringing the total built area to 14,000 sq.m, and was designed to allow ongoing operations during construction [3][2]. - The project included the enhancement of the existing office block (1,900 sq.m) and improvements to road infrastructure and dock equipment [5][6]. - The facility now features 157 docks and a freight terminal hall expanded to 12,100 sq.m [4]. Environmental Initiatives - The refurbishment has significantly reduced the site's energy footprint through the installation of a photovoltaic power station for self-consumption and a Building Management System (BMS) [6]. - Upgrades included replacing metal halide lamps with smart LED lighting systems that monitor presence and light intensity [6]. Financial Stability - ARGAN maintains a strong financial model, reflected in its investment-grade rating (BBB- with a stable outlook) from Standard & Poor's, and is recognized for its ESG commitments [10].