ARGAN extends its cold warehouse in Niort from 20,000 sq m to 33,000 sq m
March 28 2023 - 11:45AM
ARGAN extends its cold warehouse in Niort from 20,000 sq m to
33,000 sq m
ARGAN is building the second phase of
its logistics warehouse in La Crèche (79), which is leased to
EURIAL, the milk branch of the AGRIAL cooperative group. These two
new 12,400 sq m cells will extend the future complex to
32,800 sq m and will improve the site's carbon footprint
with the implementation of the Aut0nom® system.
The first phase of this project consisted of
three positive cold storage cells and an office block,
approximately 20,400 m², which were delivered to EURIAL in 2019.
The 12.5-hectare site offered potential for expansion, which is now
being concrete with the start of construction of two new negative
cold cells with a surface area of 12,400 sq m.
EURIAL, the dairy branch of the AGRIAL group,
will lease the entire 32,800 sq m of this platform under a
long-term lease of 12 years. This new lease will take effect upon
delivery of the extension, scheduled for December 2023.
A major player in the dairy industry, EURIAL is
involved in all stages of dairy production, from the collection of
milk to its processing and marketing.
Located in the commune of La Crèche, the site
benefits from an ideal location just a few minutes from Niort. At
the junction of the A83 and A10 motorways, La Crèche is at the
heart of the Atlantic Arc, a logistics market whose dynamism is
confirmed year after year.
An improved carbon
footprint
The extension of the site will be an opportunity
to upgrade the platform to the new Aut0nom® standard launched by
ARGAN in 2022. A photovoltaic plant, coupled with storage
batteries, will be installed on the roof. The site's energy
consumption, expected to be 6 Gwh/year, a particularly high level
due to the production of cold, will be covered for more than 30% by
decarbonised green energy produced on site with the Aut0nom®
equipment.
Financial calendar 2023 (Press release to be
issued after the stock exchange)
- 3rd April : Turnover for the 1st quarter 2023
- 3rd July : Turnover for the 2nd quarter 2023
- 19th July : Half-yearly results 2023
- 2nd October : Turnover for the 3rd quarter 2023
About Argan
ARGAN is the only French real estate company
specialized in the DEVELOPMENT & RENTAL OF PREMIUM WAREHOUSES
listed on EURONEXT. As of 31st December 2022, ARGAN’s portfolio
amounted to 3.5 million s qm, comprising
approximately 100 warehouses located exclusively in France, valued
at €4.0 billion. ARGAN is listed on Compartment A of Euronext Paris
(ISIN FR0010481960 - ARG) and is included in the CAC All-Share,
IEIF SIIC France and EPRA Europ indices. The company opted for the
listed real estate investment companies (SIICs) tax regime since
1st July 2007. www.argan.fr
Francis
Albertinelli - CFO Aymar de Germay – General SecretaryPhone :
+33 1 47 47 05 46 E-mail : contact@argan.frwww.argan.fr |
Aude Vayre – Press RelationsPhone : +
33 6 14 64 15 65E-mail : argan@citigatedewerogerson.com |
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