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Last updated : 30/10/2026 - 17h36
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ARGAN: Acquisition of New Sites for FERRERO and PUMA

In a press release dated December 10, 2025, ARGAN announced the acquisition of three new premium logistic sites totaling nearly 100,000 sqm, already leased to giants FERRERO and PUMA. This initiative reflects ARGAN's expansion strategy in the European logistics real estate sector.


ARGAN: Acquisition of New Sites for FERRERO and PUMA

Expansion of Investment Strategy

ARGAN, a company specialized in logistics real estate, has announced the strengthening of its investment strategy through the acquisition of three new premium sites, with a total area of nearly 100,000 sqm, already leased to renowned clients such as FERRERO and PUMA. The delivery of these sites is scheduled for the first half of 2026. This expansion aims to consolidate the company's position as a leader in the field of high-quality logistics solutions.

Pre-Leased Sites Demonstrate Confidence

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The sites acquired by ARGAN are already committed under lease contracts with FERRERO and PUMA, two globally recognized companies. This strategy of anticipated leasing is indicative of the confidence inspired by ARGAN's logistic infrastructures. By securing top-tier tenants, ARGAN demonstrates the robustness of its economic model based on the stability and security of rental income.

Highlighting the Dynamics of the Logistics Market

This acquisition underscores the current dynamics of the logistics market, where the demand for modern and efficient infrastructure is growing with the rise of e-commerce and the need for an optimized supply chain. ARGAN's strategic decisions to partner with international brands like FERRERO and PUMA illustrate the importance of collaboration with industry leaders to support the sustainable growth of its operations. These new signings are part of a particularly robust investment program for 2026, representing €165 million in premium assets to be delivered, including the three sites leased by FERRERO and PUMA, with €140 million planned for the first half of the year, and an average yield of 6%.



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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