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Last updated : 30/10/2026 - 17h36
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Argan Delivers a 9,000 m² Logistics Center in Lens

Argan announces the delivery of a new logistics building in Vendin-le-Vieil, intended for an international transport and logistics group for a period of 12 years, according to the group's statement.


Argan Delivers a 9,000 m² Logistics Center in Lens

Completion of the Construction

Argan has recently completed the construction of a 9,000 m² cross-dock facility in Vendin-le-Vieil, after a 13-month construction period. This building is designed to meet the needs of a major player in the transport and logistics sector, who will occupy it under a 12-year lease. The site is strategically located in a key logistics area of Lens, thus facilitating the operations of goods transportation.

Features of the New Facility

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Argan's new facility, located near Lens, includes a 7,400 m² cross-dock hall with 71 docks, promoting efficient management of logistic flows. It is complemented by 1,200 m² of office space. To enhance energy efficiency, the roof is equipped with a 150 kWc photovoltaic power station.

Strategic Importance in the E-commerce Era

According to Argan, the rise of e-commerce underscores the importance of infrastructures such as this new logistics platform. Situated at the heart of an agglomeration of more than 250,000 inhabitants and in immediate proximity to Lille, this facility is well-positioned to meet current market needs. Argan continues to consolidate its position in the French market with a portfolio of 3.7 million m² of warehouses and an annual rental income exceeding 210 million euros as of June 30, 2025.



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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