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Last updated : 30/10/2026 - 17h36
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Argan Confirms €165 Million Investment Plan for 2026

During its Mixed General Meeting on March 26, 2026, Argan confirmed a robust development plan for the fiscal year 2026 supported by eight secured real estate projects. The company also approved a 5% increase in its dividend to €3.45 per share, endorsed by all shareholders.


Argan Confirms €165 Million Investment Plan for 2026

Investment Strategy for 2026

Argan has reaffirmed its investment plan for 2026 by securing eight projects aimed at enhancing its premium asset portfolio, with an average yield of over 6%. These developments are a continuation of the company's business model, which is characterized by the construction of pre-leased warehouses certified by AutOnom®. This label refers to warehouses that produce their own energy for self-consumption. All developments initiated since 2025 target a BREEAM Excellent certification.

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The general assembly approved all resolutions supported by the Supervisory Board and the Management Board. A dividend of €3.45 per share was proposed and approved by the shareholders, representing a 5% increase from the previous year. This decision is based on the excellent results recorded by Argan in 2025. The participation rate at the general assembly was 82.98% of the total voting rights.



Sector Foncières / REITs › Immobilier commercial / foncières


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Context

Period
  • Period: 9M 2026
Key reported figures
  • Revenue: 166,2 millions d'euros
  • Quarterly revenue: 166,2 millions d'euros
Guidance from the release
  • raising its full-year 2026 rental income target
Risks mentioned
  • Dépendance vis-à-vis du timing de livraison des trois projets restants pour atteindre la cible annuelle
  • Risques de retard ou de révisions de coûts sur les projets en cours
  • Évolution des conditions économiques et du marché immobilier français affectant les rendements futurs
Opportunities identified
  • Seven developments delivered in 2026 with more than €150 million invested, generating strong lease contracts with long-term tenants
  • Three additional projects scheduled for remainder of 2026 for Jacky Perrenot, new client in Sorigny, and Jung Logistique
  • 99.9% EPRA occupancy rate demonstrating strong market demand and asset quality
Outlook / guidance
  • Expected revenue: 222 millions d'euros
  • Management commentary: ARGAN rehausse à nouveau son objectif annuel pour les revenus locatifs au titre de 2026 et vise au moins 222 M€, soit une progression de + 5 % par rapport à 2025.

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

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