All You Need
In One Single
Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna aliquam erat
Search here:


Key figures


Appraisals values at end-June 2023:

– €3.64 Bn excluding duties (ie cap rate of 5.00%)
– €3.85 Bn including duties (ie cap rate of 4.75%)

Leases term

– The average remaining term of the leases at end-June 2023: 5.5 years fixed 

Financial Debt & LTV

Gross financial debt at end-June 2023: €2.04bn
of fixed-rate bond
30% Hedged variable rates
12% Floating rate debt

– EPRA Loan to Value at end-June 2023: 49%
– EPRA NAV NRV at end-June 2023: 2.062 Bn, i.e., 89.3 / share
– EPRA NAV NTA at end-June 2023: 1.802 Bn, i.e., €78.1 /share
– EPRA NAV NDV at end-June 2023: 1.969 Bn, i.e., €85.3 /share


Argan’s updated targets to accomplish before end2023 :
– Rental income of €183m
– Recurring net Income : €124m 

Regulated information

Argan has been listed on Euronext Paris since June 2007, on the  A compartment of Euronext Paris. Argan is included in the CAC All-Shares, IEIF SIIC France and EPRA Europ indices. As of 1 July 2007, the Company opted for the SIIC tax regime
Place of cotation : Euronext Paris
ISIN: FR0010481960
Ticker: ARG
Number of shares at end-April 2023: 23,079,697