ARGAN strengthened its positions in Lyon with a new 15,000 sq.m site rented to COVERGUARD
11 Oktober 2023 - 5:45PM
ARGAN strengthened its positions in Lyon with a new 15,000 sq.m
site rented to COVERGUARD
Press release – Neuilly sur Seine, Wednesday, October
11, 2023 – 5.45 pm
ARGAN strengthened its positions in Lyon
with a new 15,000 sq.m site rented to
COVERGUARD
A few months after we inaugurated the
new 38,000 sq.m logistics platform in JANNEYRIAS, ARGAN
strengthened its positions in Lyon by delivering a new
15,000 sq.m site in the municipality of MIONNAY (01). This
building is rented to COVERGUARD, a major player
on the market of personal protective equipment
(PPE), as part of a 9-year fixed-term lease.
This new site, which is particularly attractive
for transports- and logistics-related businesses, is located in the
Business Parc (Parc d’Activité) of “la Dombes” in MIONNAY, located
about twenty kilometres away from Lyon, on the North-East of the
city. This site benefits from direct access to the A46 French
highway, which is the Eastern bypass of Lyon.
The 15.000 sq.m building is made of two cells
for storage and orders preparation, of 6.500 sq.m each, and
one office block of 1,500 sq.m. This site hosts the logistics
business, but also the new headquarters of COVERGUARD, as part of a
9-year fixed-term lease.
Historically located in the Lyon area,
COVERGUARD is a major player on the market of personal protective
equipment (PPE). The group designs, makes and distributes a full
range of products for people’s protection on the workplace.
This building, developed by JMG PARTNERS,
testifies to ARGAN’s and COVERGUARD’s common ambition in terms of
sustainable development and demonstrates benchmark standards
regarding energy management. The site is Aut0nom®-labelled,
i.e., “the warehouse that generates and uses its own green
energy”. By installing a photovoltaic power station on the roof,
coupled with batteries for energy storage, renewable and carbon
free energy is thus generated and used locally. On a full-year
basis, the generated energy covers all the needs of COVERGUARD in
terms of heating, cooling and lighting. Additionally, gas is
banned, and highly CO2-emitting boilers are replaced by electric
heat pumps that increase energy efficiency by a multiple and
strongly limit emissions.
Jean-Claude Le Lan, Founder and Chairman of the
Supervisory Board of ARGAN concluded: “The Lyon region is a major
logistics platform and is structurally in a situation of
undersupply. With this new development, which is the second in the
span of a few months on the Eastern bypass of Lyon, ARGAN is
strengthening its premium positioning by investing at the heart of
the French logistics backbone.”
Financial calendar 2024 (Publication of the
press release after closing of the stock exchange)
- January 3: 2023 Annual Sales
- January 18: 2023 Annual Results
- March 21: Annual General Meeting
About ARGAN
ARGAN is the only French real estate company
specializing in the DEVELOPMENT & RENTAL OF PREMIUM WAREHOUSES
listed on EURONEXT and is the leading player of its market in
France. Building on a unique customer-centric approach – which
consists in tailor-made and innovative support throughout all
project phases from the development milestones to the rental
management – ARGAN has grown strongly since it first started in
2000. The company is thus now generating more than 180 million
Euros in yearly rental income in 2023. Moreover, as of now, our
portfolio consists in spaces of 3.5 million sq.m, across about a
hundred warehouses all located in France, which are worth 3.6
billion Euros. ARGAN’s development model takes into account all its
stakeholders and aims at pursuing a growth path that is profitable,
with a debt kept under control, while ensuring to fully minimise
its environmental and societal impact.ARGAN is a listed real estate
investment company (French SIIC), on Compartment A of Euronext
Paris (ISIN FR0010481960 - ARG) and is included in the Euronext SBF
120, CAC All-Share, EPRA Europe and IEIF SIIC France
indices.www.argan.fr
Francis
Albertinelli – CFO Aymar de Germay – General SecretarySamy Bensaid
– Head of Investor RelationsPhone: +33 1 47 47 47 40 E-mail:
contact@argan.frwww.argan.fr |
Marlene Brisset – Media relationsPhone: +33 6 59 42
29 35E-mail: argan@citigatedewerogerson.com |
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