ARGAN strengthens its presence in the Strasbourg logistics hub with the acquisition of a new 41,000 sqm facility, developed by LCR and operated by ID Logistics to support PUMA’s B2B operations in France.
ARGAN, PUMA and ID Logistics celebrated the official inauguration of the new logistics facility in Vendenheim, in the Bas-Rhin department of France. Developed by LCR and subsequently acquired by ARGAN, this 41,000 sqm property accommodates the sportswear brand’s B2B operations in France. It demonstrates how real estate expertise, technological innovation and operational excellence come together to address today’s supply chain challenges.
An Automated Facility Driving Logistics Performance
Operated by ID Logistics, this new facility incorporates state-of-the-art automation technologies, including an AutoStore system powered by 98 robots. The facility is designed to meet PUMA’s demanding order fulfillment and responsiveness requirements, with a processing capacity of up to 57,000 order lines per day.
Designed to support the growth of PUMA’s operations in France, the facility serves as a strategic logistics hub, tailored to meet the distribution needs of PUMA’s customers.
A High-Performance Logistics Facility with Strong Environmental Commitments
The facility has achieved BREEAM Excellent certification and incorporates several features designed to enhance its energy efficiency, including photovoltaic panels for on-site electricity consumption and LED lighting.
These features reflect an approach aimed at combining real estate performance, energy efficiency and environmental responsibility.
ARGAN Strengthens Its Presence in a Dynamic Logistics Hub
With this acquisition, ARGAN continues to expand its logistics real estate portfolio in eastern France and strengthens its presence in Vendenheim, where the Group already owns a warehouse developed for AUCHAN.
This complementary presence enables ARGAN to further strengthen its foothold in a dynamic region of strategic importance for logistics flows.
Stéphane Cassagne
ARGAN’s Director of Development and Asset Management
This transaction perfectly illustrates ARGAN’s role as a long-term real estate investor. By acquiring this logistics facility developed by LCR, we are supporting PUMA’s logistics needs while continuing to build a high-performing and sustainable property portfolio. This new acquisition, which further strengthens our existing presence in Vendenheim, also reflects our commitment to establishing a lasting foothold in this rapidly growing logistics hub.
