ARGAN recorded €53 million in rental income in the first quarter of 2025, an increase of 10%. Two projects were delivered as part of a €220 million investment plan, and €180 million of disposals are planned to continue deleveraging. The €210 million full-year target is confirmed.

  • Q1 2025 rental income: €53 million, up +10%
  • Two projects delivered in Q1 2025 as part of a €220 million investment plan covering 11 identified projects for 2025–2026 at this stage
  • Continued deleveraging: €180 million in planned disposals over 2025–2026
  • Confirmation of the annual target of +6% rental income growth, with €210 million expected by end-2025

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