ARGAN: launch of the works for a cross-dock fulfilment centre of 9,000 sq.m in the greater Lille area
28 Novembro 2024 - 1:45PM
UK Regulatory
ARGAN: launch of the works for a cross-dock fulfilment centre of
9,000 sq.m in the greater Lille area
Press release – Neuilly-sur-Seine, Thursday,
November 28, 2024 – 5.45 pm
ARGAN is strengthening its positions in
the North of France by launching the works for a cross-dock
fulfilment centre of 9,000 sq.m in the greater Lille
area
ARGAN has launched the works for a new
fulfilment centre in the size of 9,000 sq.m this November, in an
already well-established logistics area where the real estate
company already owns two warehouses of 55,000 sq.m and 25,000 sq.m,
respectively rented to ARCANIA and CARREFOUR.
Credits: A26 Architectures
A third site in the greater Lille area
for ARGAN
The works for this new site have started on a
land piece of 6.7 hectares adjacent to a logistics site owned by
ARGAN and rented by CARREFOUR SUPPLY CHAIN in the city of
Vendin-le-Vieil.
In close proximity to Lens (greater Lille area)
and directly accessible via the A21 French highway and the National
road 47 to Lille, Vendin-le-Vieil offers an ideal location for
logistics or fulfilment activities.
The future platform will be made of a cross-dock
fulfilment hall of 7,400 sq.m equipped with 68 dock levellers.
It will be completed with an office block of 1,200 sq.m on an
upper floor.
Finally, a photovoltaic power-station generating
150 kWp will be installed on the roof. It will be exclusively
dedicated to the future tenant’s self-consumption.
A project for the long term with a
12-year fixed-term lease
This new fulfilment centre will welcome a
leading company of the third-party logistics and transportation
sector, historically established in the area.
Testifying to the relevance and long-term
perspective of this new location, ARGAN and the future tenant have
mutually agreed to a very long-lasting lease for a 12-year
fixed-term period.
The delivery of this new site is expected in the
fourth quarter of 2025.
Ronan Le Lan, Chairman of ARGAN’s Executive
Board: “With the e-commerce boom, the fulfilment centre format
is now a strategic piece of the logistics value chain. We are fully
part of this transformation by developing a cross-dock building in
the size of 9,000 sq.m at the heart of an urban area that exceeds
250,000 inhabitants – to whom we can add the 1.2 million people who
live in the European urban area of Lille that is less than 30
minutes away.”
2025 financial calendar (Publication of the
press release after closing of the stock exchange)
- January 3: Net sales of 4th quarter 2024
- January 16: Annual results 2024
- March 20: General Assembly 2025
About ARGAN
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. Building on a unique client-tenant-centric approach,
ARGAN builds pre-let PREMIUM warehouses for
blue-chip clients and supports them throughout all project phases
from the development milestones to the rental management.
Profitability, tight control over our debt and sustainability are
at the heart of ARGAN’s DNA. Its strongly
proactive ESG policy has very concrete results with our Aut0nom®
concept, the “in-use” Net Zero warehouse.
As at June 30, 2024, our portfolio represented 3.6 million sq.m,
across about a hundred warehouses, exclusively located in the
continental part of France, and this portfolio was valued €3.8
billion for a yearly rental income of about €200
million.
ARGAN is a listed real estate investment company
(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.
www.argan.fr
Francis Albertinelli – CFO
Aymar de Germay – General Secretary
Samy Bensaid – Head of Investor Relations
Phone: +33 1 47 47 47 40
E-mail: contact@argan.fr
www.argan.fr |
Marlène Brisset – Media relations
Phone: +33 6 59 42 29 35
E-mail: argan@citigatedewerogerson.com
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