Our Group's Story
The start of ARGAN
Start of ARGAN’s business as part of the French continental logistics real estate market
IPO
ARGAN successfully started its stock market trading on June 25, 2007, for initial price per share of €15 on Euronext’s C compartment
HQE (French High Environmental Quality) certification
ARGAN received its first HQE certification “sustainable logistics” covering all phases of a platform’s extension project for L’Oréal in Vichy
Uninterrupted growth
ARGAN recorded its tenth consecutive year of double-digit growth in rental income
Employee shareholding up
ARGAN successfully completed a capital increase reserved for employees, resulting in a sixfold rise in their shareholding (from 0.2% to 1.3% of the share capital)
Confirmed success on the financial markets
ARGAN was included to Euronext’s B compartment
First bond issue
ARGAN successfully completed its first bond issue for an amount of €65 million, maturing in 2018
HQE® “Exceptional” Passport
OXYLANE platform in Valenciennes awarded the first HQE® “Exceptional” Passport by Certivéa
€1 billion!
ARGAN’s portfolio was valued more than €1 billion for the first time
French Legion of Honour decoration
Appointment of Jean-Claude Le Lan as Knight of the French National Order of the Legion of Honour
A new bond issue
ARGAN successfully launched a new bond issue in an amount of €130m maturing in 2023
On-site green energy
First delivery of a warehouse equipped with a photovoltaic power plant for the operator’s self-consumption, in Bordeaux
ARGAN strengthened its portfolio with the CARGO transaction
Acquisition from CARREFOUR and a group of leading institutional investors of the SCI “CARGO”, which owns 22 PREMIUM logistics platforms, for a price of €898 million; annual rental income exceeds €100 million for the first time
A substantial portfolio
The portfolio valuation reached €3 billion; ARGAN joined Euronext’s A compartment
New commercial and financial market successes
Successful €500 million bond issue maturing in November 2026, launched in November; delivery to AMAZON France of a new logistics platform meeting the highest technological and environmental standards, a project initiated in 2018
ARGAN launched a new label: the Aut0nom® warehouse
In January, ARGAN delivered its first Aut0nom® platform — a warehouse that generates its own green energy through a rooftop photovoltaic power plant combined with storage batteries, and equipped with electric air-to-air heat pumps and smart LED lighting
One of the largest market capitalization within listed real estate companies
ARGAN strengthens its position among the largest listed real estate companies in France and joins EPRA in March, followed by the SBF 120 in September
A sizeable capital increase
Successful €150 million capital increase completed in April, resulting in the creation of 2 million new shares and an increase in the free float from 44% to 48%