From GlobeNewswire: 2025-04-01 11:45:00

ARGAN, a French real estate company, saw a +10% increase in rental income, reaching €52.9 million in the 1st quarter of 2025. This growth was driven by the impact of 8 deliveries in 2024 and rent indexation. The company aims for a +6% annual increase to €210 million in 2025, despite asset sales. ARGAN delivered two logistics sites in the 1st quarter of 2025, including one for DIMOLOG. Investments for 2025-2026 have increased to €220 million, with a focus on debt reduction. ARGAN’s financial calendar for 2025 and 2026 was also released, outlining key dates for financial updates. ARGAN specializes in developing and renting premium warehouses, with a portfolio of 3.7 million sq.m generating close to €205 million in yearly rental income. The company focuses on profitability, sustainability, and debt reduction, maintaining an Investment-grade rating and a committed ESG policy. ARGAN is listed on EURONEXT and included in various indices.



Read more at GlobeNewswire:: RENTAL INCOME UP +10% IN Q1 2025