A few days after inaugurating a new Aut0nom® warehouse in the European metropolitan area of Metz, ARGAN just signed a new lease in future state of completion for the development of a new Aut0nom® asset of 18,300 sq.m in the city of Louailles (72), between Le Mans and Angers, along the A11 French highway. Works for this new project will start at the end of April.
A logistics real estate project that will be delivered in record timing
- The new project is taking place half-way between Angers and Le Mans, in Louailles, close to the A11 French highway. First milestones on the works should take place in April with the delivery of a first phase of the new building by the end of 2025. This is a record timing for ARGAN that managed to meet its future client’s very tight schedule, which is a company specializing in gardening and outdoor spaces appliances. This future client-tenant has also committed to a long fixed-term lease for 12 years.
A 15th Aut0nom® project developed by ARGAN in less than 3 years
- As for all new developments by ARGAN, this platform will be labelled Aut0nom®.
- A photovoltaic power station with 300 kWp will be installed on the roof in addition to batteries for energy storage in a capacity of 200 KWh that will enable covering the site’s needs in terms of lighting, and heating. Heating will be ensured by electric heat pumps with way higher yields than standard gas boilers and thus limit CO2 emissions. Finally, all Aut0nom® equipment will help divide by a factor of 10 CO2 emissions of the site. Residual emissions will be compensated through a reforestation plan deployed in the city of Cestas (33). As such, the site will be carbon neutral for the in-use phase.
- This project takes to 15 the number of Aut0nom® -labelled sites since the first one was inaugurated on the site of Serris in the Paris area in September 2022. The success of this warehouse format testifies to the relevance of this virtuous model regarding energy and carbon footprint matters.
- Ronan Le Lan, Chairman of ARGAN’s Executive Board: “.
Ronan Le Lan
Chairman of the Executive Board
ARGAN is pursuing its growth path by investing in the booming French Atlantic Arc market, after an initial phase of strong historical development in the Paris area, followed by the North-South logistics French corridor. This new project is confirming our development strategy and enables our real estate company to push our €220 million investment plan further over the 2025-2026 years.
