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]

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].

For eager home buyers, it was a slice of paradise on Florida's gulf coast. Now it's the worst housing market in America. https://t.co/cAGvXHErhi ...

For eager home buyers, it was a slice of paradise on Florida's gulf coast. Now it's the worst housing market in America. https://t.co/vFSDuMe86Z ...

Core Insights - ARGAN reported a rental income of €105.8 million in the first half of 2025, reflecting an 8% increase compared to the same period in 2024, driven by the impact of previous deliveries and rent indexation [2][3] Financial Performance - Rental income for Q1 2025 was €52.9 million, up 10% from €48.1 million in Q1 2024, while Q2 2025 rental income was also €52.9 million, a 6% increase from €50.0 million in Q2 2024 [1] - The company confirmed its annual target of a 6% increase in rental income for 2025, aiming for a total of €210 million, despite anticipated negative impacts from asset sales in the latter half of the year [3] Development and Investment Strategy - ARGAN has completed two new site deliveries in Q1 2025 as part of a sustained development plan, targeting around €200 million in investments for 2025-2026 [4][6] - The current development plan includes 10 secured projects, all pre-let to blue-chip clients, with two acquisitions representing approximately 50% of total investments [5] Financial Management and Debt Reduction - The company plans to self-finance its 2025-2026 developments through operational cash flow and selective asset disposals, targeting net cash from asset sales of €135 million, reduced from a previous target of €180 million [8] - ARGAN aims to maintain a loan-to-value (LTV) ratio below 40% and a net debt to EBITDA ratio of around 8X by the end of 2025 [9] Sustainability and Market Position - ARGAN's development model is supported by its Aut0nom® carbon-neutral warehouses, reflecting the company's commitment to sustainability in a challenging economic environment [7] - As of December 31, 2024, ARGAN's portfolio consisted of 3.7 million square meters, appraised at €3.9 billion, generating an annual rental income of nearly €205 million [10]

Two consecutive months of Case-Shiller house price index declines confirm soft conditions in the housing sector. Outright declines in house prices make persistently elevated inflation unlikely. The contraction in the housing sector is an early warning for a broader slowing in the US economy. Fed officials are likely to increasingly recognize these dovish implications in coming months. Andrew Hollenhorst AC +1-212-816-0325 andrew.hollenhorst@citi.com V i e w p o i n t | 24 Jun 2025 10:41:19 ET │ 9 pages US E ...

Core Viewpoint - CAPREIT will release its financial results for the three and six months ended June 30, 2025, on August 7, 2025, after market close [1] Group 1: Financial Results Announcement - The financial results will be discussed in a conference call hosted by CAPREIT's senior management on August 8, 2025, at 9:00 am ET [2] - The conference call can be accessed via Canadian Toll Free number +1 (833) 950-0062 and International number +1 (929) 526-1599 with access code 139947 [3] Group 2: Webcast and Presentation - The call will be webcast live on the CAPREIT website, and a replay will be available for one year [4] - A slide presentation accompanying the management's comments will be available on the CAPREIT website one and a half hours prior to the conference call [4] Group 3: Company Overview - CAPREIT is Canada's largest publicly traded provider of quality rental housing, owning approximately 46,800 residential apartment suites and townhomes across Canada and the Netherlands, with a total fair value of approximately $14.9 billion as of March 31, 2025 [6]

Joining us to talk more about the housing market in particular and potential impact of Amam Dani administration on New York is Robert Refkin Compass co-founder and CEO. He joins us here at Post9. What are you hearing from people.I've seen more pause for this event uh in terms of buying a home than any event in my 13 years in New York City real estate. And so buyers saying they have a contract out, but they want a pause. They're talking to their lawyers.They say, you know, I I want to wait to see how this pl ...

Fresh housing data just crossing. Diana Olic has that for us. Diana.Well, David, pending home sales in May rose 1.8% from April and were 1.1% higher than May of last year. That according to the realtors. This is a small beat.The street was actually looking for basically flat. Now, this count is based on signed contracts. So, people out shopping in May when mortgage rates were climbing and briefly went over 7% on the 30-year fix.Regionally, sales were strongest month-to-month in the Northeast and West, but c ...

Financial Supplement Third Quarter 2019 Table of Contents | Overview | PAGE | | --- | --- | | Corporate Profile | 3 | | Earnings Release | 5 | | Selected Quarterly Financial Data | 14 | | Financial Information | | | Condensed Consolidated Balance Sheets | 16 | | Condensed Consolidated Statements of Operations | 17 | | Reconciliation of Net Income (Loss) to NAREIT FFO, Core FFO and AFFO | 18 | | Reconciliation of Net Income (Loss) to EBITDA, NAREIT EBITDAre, and Core EBITDA | 20 | | Acquisition, Litigation, ...