ARGAN: insider trades · France · AMF

About ARGAN

ARGAN is a French listed real estate company specializing in the development, leasing and management of premium logistics warehouses. It is notable for being the only French listed property company focused exclusively on this niche. Its business model is built around pre-let logistics platforms for blue-chip industrial, retail, e-commerce and supply-chain tenants, with a strong emphasis on long-term asset ownership and operational quality. The group’s origins date back to 2000, when it started operating in the metropolitan French logistics real estate market. ARGAN was successfully listed on Euronext Paris in June 2007 and has since established itself as one of the benchmark companies in French listed real estate, with inclusion in major market indices such as the SBF 120. The company’s integrated model covers the full value chain: it develops new or refurbished warehouse assets, leases them to high-quality tenants, and manages the properties over time to preserve and enhance their value. ARGAN has built its positioning around premium, client-specific logistics facilities designed to deliver efficiency, reliability and sustainability. A key differentiator is its Aut0nom® label, which identifies warehouses able to generate their own green energy for self-consumption through rooftop solar power, sometimes combined with battery storage and additional energy-efficiency solutions. This reflects the company’s commitment to modern logistics infrastructure that meets both operational and ESG requirements. As of 30 June 2025, ARGAN’s portfolio totaled around 3.7 million square meters across roughly 100 warehouses, all located in mainland France. The portfolio was valued at approximately €4.0 billion and generated more than €210 million in annualized rental income. These figures highlight the scale reached by the platform and the visibility of its cash flows. ARGAN’s assets are concentrated in logistics corridors and major consumption areas, enabling it to serve tenants operating in national distribution, last-mile logistics and high-throughput supply chains. ARGAN’s geographic footprint is intentionally focused on France, which allows the company to maintain close control over development standards, permitting, tenant relationships and asset management. The group’s reputation is also supported by a disciplined financial profile, recognized ESG initiatives and favorable third-party ratings. Noteworthy milestones in its history include its stock market listing in 2007, the progressive expansion of its premium warehouse portfolio, and the rollout of the Aut0nom® concept as part of its sustainability strategy. Overall, ARGAN combines a defensive real estate profile with organic growth potential, long-duration leases and a clear strategic focus on sustainable logistics property.