France
· Delayed Price · Currency is EUR Argan Company Description
ARGAN is the only French real estate company specializing in the DEVELOPMENT & RENTAL OF PREMIUM WAREHOUSES listed on EURONEXT and is the leading player of its market in France.
Building on a unique customer-centric approach, ARGAN develops PREMIUM and Au0nom -labelled – i.e., carbon-neutral in use – pre-let warehouses for blue-chip companies, with tailor-made services throughout all project phases from the development milestones to the rental management.
As at December 31, 2024, ARGAN represented a portfolio of 3.7 million sq.m, with about a hundred warehouses solely located in the continental area of France.
Appraised at a total of €3.9 billion, this portfolio generates a yearly rental income of close to €205 million (yearly rental income based on the portfolio delivered as at Dec.
31, 2024). Profitability, well-mastered debt and sustainability are at the heart of ARGAN’s DNA.
The financial solidity of the Group’s model is notably reflected in its Investment-grade rating (BBB- with a stable outlook) with Standard & Poor’s.
ARGAN is also deploying a committed ESG policy addressing all its stakeholders. Achievements as part of this roadmap are regularly recognized by third-party agencies such as Sustainalytics (low extra-financial risk), Ethifinance (gold medal) and Ecovadis (sliver medal – top 15% amongst rated companies).
ARGAN is a listed real estate investment comp any (French SIIC), on Compartment A of Euronext Paris (ISIN FR0010481960 - ARG) and is included in the Euronext SBF 120, CAC All-Share, EPRA Europe and IEIF SIIC France indices.
Contact Details
Address: 21, rue Beffroy Neuilly-sur-Seine, 92200 France | |
| Phone | 33 1 47 47 05 46 |
| Website | argan.fr |
Stock Details
| Ticker Symbol | ARG |
| Exchange | Euronext Paris |
| Fiscal Year | January - December |
| Reporting Currency | EUR |
| ISIN Number | FR0010481960 |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Jean-Claude Le Lan | Founding President and Chairman of the Supervisory Board |
| Ronan Le Lan | Chairman of the Executive Board and Director of Development and Promotion |
| Francis Albertinelli | Chief Financial Officer, Administrative and Financial Director and Member of the Executive Board |
| Stephane Cassagne | Director of Asset Management and Member of Executive Board |
| Aymar de Germay | General Secretary and Member of Executive Board |