on ARGAN (EPA:ARG)
ARGAN Increases Rental Income Forecast for 2026
ARGAN, a prominent French real estate firm, reported a 4% rise in rental income for the first half of 2026, totaling €109.7 million. This growth was propelled by 2025 project completions and a 0.6% rent indexation from January 2026. A 100% occupancy rate was achieved after leasing 32,000 sqm to JS LOGISTICS in the Paris area. Following this robust performance, ARGAN has revised its 2026 rental income forecast to at least €221 million, slightly up from €220 million.
The company completed six projects as part of its €160 million investment program. Notable deliveries include facilities for PUMA, POMONA, CELIO, FERRERO, and DANONE. Two additional projects are scheduled for the year, intended for Jacky Perrenot and ID LOGISTICS, emphasizing ARGAN's steadfast commitment to its growth trajectory.
R. E.
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