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Last updated : 30/10/2026 - 17h36
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ARGAN Signs a 5,700 sqm Lease with Ducournau Logistique

ARGAN has entered into a lease agreement with Ducournau Logistique for a 5,700 sqm unit at its AutOnom® site in Bain-de-Bretagne (Ille-et-Vilaine). This signing comes just weeks after the official inauguration of the site and marks the arrival of a second major tenant.


ARGAN Signs a 5,700 sqm Lease with Ducournau Logistique

Details of the Lease Agreement

ARGAN and Ducournau Logistique have signed a lease for a 5,700 sqm unit located at the AutOnom® site in Bain-de-Bretagne, Ille-et-Vilaine. The site, to be delivered in early 2025, covers approximately 30,700 sqm and is divided into five units. With this signing, ARGAN welcomes a second major tenant to the site, alongside Dimolog (Dimotrans group), which occupies three units totaling 19,300 sqm.

Specifications of the Leased Unit

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The unit leased to Ducournau Logistique includes a 5,400 sqm storage block and a 300 sqm office block. The Ducournau Logistique teams moved into their new facility in early December 2025. No information regarding the rent amount, lease duration, or specific terms was provided in the press release.

About Ducournau Logistique

Ducournau Logistique is a group specializing in transportation and logistics, historically based in the south of France. The company has nine branches located in eight regions and employs over 700 staff. The Bain-de-Bretagne site is situated about thirty kilometers south of Rennes, with direct access to the National Route 137, a major road linking Rennes to Nantes.



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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