ARGAN Achieves 100% Occupancy Rate After Signing a 32,000 sqm Lease in Essonne
ARGAN announces the signing of a 9-year lease with JS LOGISTICS for 32,000 sqm at its Coudray-Montceaux site in Essonne. This lease brings the occupancy rate of the real estate company's portfolio back to 100%, according to a statement released on Tuesday, March 10.
JS LOGISTICS, a Subsidiary of China's ZONGTENG Group, Takes Up Residence
JS LOGISTICS, a subsidiary of the Chinese ZONGTENG group specializing in warehousing and logistics for e-commerce, is leasing the available 32,000 sqm at the Coudray-Montceaux site. This complex of two buildings totals 163,000 sqm. Located in the southern part of the Île-de-France region with direct access to the A6 highway, this marks the fourth Île-de-France location for JS LOGISTICS and its first in the southern part of the region. The company, which entered France in 2018, handles various types of supplies, as well as furniture and DIY products for several clients. With this new location, JS LOGISTICS now operates nearly 100,000 sqm in Île-de-France.
A 9-Year Lease That Reinforces ARGAN's Portfolio
Free · Every morning
Technical market signals, before the opening bell.
Bullish and bearish momentum, analyst changes, stocks to watch — automatically computed from Euronext data.
✓ Before 9 AM every morning✓ Euronext data✓ AI-powered analysis
You're in — subscription confirmed!
Your first edition is on its way. Check your spam folder and add us to your contacts.
An error occurred.
Indicative data. No investment advice. Unsubscribe at any time.
Gratuit · chaque matin
Ne ratez plus rien sur vos actions
La tendance derrière les cours. L'essentiel des valeurs Euronext en quelques minutes.
📈les valeurs en mouvement, sur la durée
🎯les objectifs d'analystes qui évoluent
📰les actualités qui font bouger les cours
tendance · 6 séances
✓ C'est fait, vous êtes inscrit !
Votre première édition arrive bientôt. Pensez à vérifier vos spams.
Une erreur est survenue.
CAC 40 · SBF 120 · données indicatives · aucun conseil en investissement · désinscription à tout moment.
The lease signed extends over 9 years, including 6 firm years. This agreement allows ARGAN's portfolio, consisting of a hundred warehouses representing 4 million sqm, to return to a 100% occupancy rate. Ronan Le Lan, Chairman of the Executive Board of ARGAN, attributes this performance to the company's choice to manage leasing internally, citing the field proximity of its property and asset managers as a key success factor. The transaction was conducted with the assistance of CBRE.
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.
