Dear Shareholder,
ARGAN is the only family-owned French real estate company specialising in the DEVELOPMENT & RENTAL of PREMIUM warehouses for major companies.
Our aim is to build a portfolio of modern PREMIUM warehouses built with the highest standards, to ensure an occupancy rate close to 100%. Our portfolio is constantly being enhanced by new turnkey developments and the extension of existing sites to meet the changing needs of our tenants.
At the same time, disposal of mature assets allow us to partly-finance our growth.
Our development has been fast, constant and well managed. From a blank canvas in January 2000, our portfolio now exceeds 3.5 million m² and rental income continues to grow steadily.
I share this success with an in-house team, who has expertise on the whole value creation chain: development, rental and financial management.
Listed on Euronext since 2007, unique pure-player, Argan is the French leader of logistics real estate.
Jean-Claude LE LAN
Founder Chairman
After the development program, then follow the rental & propety managament
The tenant find, after moving-in into his logistics platform Argan’s team in charge of the property management for the entire duration of his lease.
The rental and property management requires expertise in commercial leases, but above all it requires a spirit of long-term partnership and an utmost respect for the tenant.
Our current tenants are generating 50% of our development thanks to their own growth. They have perfectly understood all the advantages to have a single entry point. This allow them to have a full continuity of the contractual relationship initiated during the off plan lease, before the completion of their logistics platform, during its construction and during its rental and property management.
