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Last updated : 30/10/2026 - 17h36
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ARGAN: ESG Report 2026, GRESB Score of 83/100 and Gold Medal from Ethifinance

ARGAN, a French real estate company specializing in premium warehouses, published its 2026 ESG report on Wednesday. The document highlights the progress made in 2025, the first milestone of its 2023-2030 roadmap.


ARGAN: ESG Report 2026, GRESB Score of 83/100 and Gold Medal from Ethifinance

Environment and Governance: Results and Structural Adaptations

In terms of the environment, ARGAN conducted a resilience study with Carbone 4 on its warehouse park against climate risks up to 2085. This analysis identified only one site presenting a clear risk that justified further evaluation and a specific plan. Regarding governance, the group has tightened its Supervisory Board to six members with equal representation of women and men and one-third independent members, in compliance with the MiddleNext code.

Progress in Extra-Financial Ratings and Certifications

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ARGAN received a state certification 'companies committed to nature' for its biodiversity approach, validated by the French Office for Biodiversity. This commitment is based on 8 ambitious goals. Extra-financial ratings are improving: ARGAN's first GRESB rating for 2024 was established at 83 out of 100. Sustainalytics maintains a low risk rating (16.1). The group also earned a gold medal from Ethifinance (83 out of 100) and a silver medal from Ecovadis (73 out of 100).



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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