ARG Argan SA

€165 million rental income target confirmed

€165 million rental income target confirmed

Quarterly financial information Monday 3rd October 2022 17.45 pm

  • €165 million rental income target confirmed
  • Average yield of 6% for developments since the beginning of the year

Rental income (IFRS) at end-September 2022 (unaudited figures)

mFinancial year 2022Financial year 2021Changes
1st quarter (Jan.- March)40.738.2+ 7%
2nd quarter (April - June)41.038.0+ 8%
3er trimestre (Jul. - Sept.)41.240.8+ 1%
Total (Jan. - Sept.)122.9117.0+5%

Rental income up +5% since the beginning of the year

Since the beginning of the year, ARGAN, the French real estate company specialising in the development and rental of PREMIUM warehouses, recorded rental income of €123m, up +5% compared with the same period last year. This strong growth is mainly due to the full-year effect of rents generated by 2021 developments and the rents coming from the six new deliveries of 2022.

The target for rental income of €165 million will therefore be met.

Developments continue to drive rental income growth with an average yield of 6% for the deliveries in 2022.

Significant events of Q3 2022

ARGAN has continued its grow with the delivery of three new logistics platforms certified “BREEAM Very Good”, all three are let with a 12-year firm lease.

They represent a total surface area of 47,000 sq.m, including 18,000 sq.m in Caen (14) for LEGALLAIS,

14,000 sq.m in Saint-Jean-de-la-Neuville (76) for DIDACTIC and 15,000 sq.m in Compans (77) for Colis Privé.

Financial calendar 2023 (Publication of the press release after closing of the stock exchange)

  • 3rd January 2023: Annual sales 2022
  • 19th January 2023: Annual results 2022

About Argan

ARGAN is the only French real estate company specialising in the DEVELOPMENT & RENTAL OF PREMIUM WAREHOUSES listed on EURONEXT.

As at 30 June 2022, ARGAN’s portfolio amounted to 3.3 million sq.m, comprising approximately 100 warehouses located exclusively in France, valued at €4.0 billion. ARGAN is listed on Compartment A of Euronext Paris (ISIN FR0010481960 - ARG) and is included in the CAC All-Share and IEIF SIIC France indices. The company opted for the listed real estate investment companies (SIICs) tax regime on 01 July 2007.







Francis Albertinelli - Directeur Administratif et Financier

Tél : 01 47 47 05 46

E-mail :

 





Aude Vayre – Relations presse

Tél : 06 14 64 15 65

E-mail :
  

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03/10/2022

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Reports on Argan SA

 PRESS RELEASE

ARGAN signe un nouveau bail de 10 000 m² sur son entrepôt AutOnom® d’A...

ARGAN signe un nouveau bail de 10 000 m² sur son entrepôt AutOnom® d’Augny (57) Communiqué de presse – Neuilly-sur-Seine, mercredi 18 février 2026 - 17h45 ARGAN signe un nouveau bail de 10 000 m² sur son entrepôt AutOnom® d’Augny (57) ARGAN annonce la relocation de son site logistique AutOnom® situé à Augny (57), dans la région de Metz, à la société MPM Group, acteur de référence dans le domaine des solutions professionnelles de sonorisation, d’éclairage, de vidéo et de structures scéniques. Implanté sur le plateau de Frescaty, à Augny (57), face à l’entrepôt ARGAN loué à AMAZON de 185 0...

 PRESS RELEASE

ARGAN signed a new 10,000 sq.m lease for its AutOnom® warehouse in Aug...

ARGAN signed a new 10,000 sq.m lease for its AutOnom® warehouse in Augny (57) Press release – Neuilly-sur-Seine, Wednesday, February 18, 2026 – 5.45 pm ARGAN signed a new 10,000 sq.m lease for its AutOnom® warehouse in Augny (57) ARGAN announced the re-letting of its AutOnom® logistics site located in Augny (57), in the Metz area, to MPM Group, a leading company in professional sound, lighting, video, and stage structure solutions. Located on the Frescaty plateau in Augny (57), opposite the 185,000 sq.m ARGAN warehouse leased to AMAZON, this latest-generation logistics platform offers ap...

 PRESS RELEASE

Rexel extended its presence within ARGAN’s portfolio

Rexel extended its presence within ARGAN’s portfolio Press release – Neuilly-sur-Seine, Tuesday, February 10, 2026 – 5.45 pm REXEL strengthens its presence in the Roissy-en-Brie (77) ARGAN warehouse and brings its leased area to 27,000 sq.m ARGAN announced the leasing of an additional 9,000 sq.m at its logistics site in Roissy-en-Brie (77), bringing the total leased area to 27,000 sq.m. Located in the eastern inner ring of the Paris region, the site will be occupied by Rexel, a specialist in the distribution of electrical equipment. Source: ARGAN Already a long-standing tenant at the s...

 PRESS RELEASE

Rexel renforce son implantation auprès d'ARGAN

Rexel renforce son implantation auprès d'ARGAN Communiqué de presse – Neuilly-sur-Seine, mardi 10 février 2026 - 17h45 REXEL renforce son implantation dans l'entrepôt ARGAN de Roissy-en-Brie (77) et porte sa surface louée à 27 000 m² ARGAN annonce la relocation de 9 000 m² supplémentaires sur son site logistique de Roissy-en-Brie (77) pour les porter à 27 000 m², situé en première couronne Est de l’Île-de-France, au profit de Rexel, spécialiste de la distribution de matériel électrique. Source ARGAN Déjà locataire historique du site, Rexel renforce ainsi sa présence à Roissy-en-Brie en...

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