Argan's strategic expansion in French logistics
Argan, a leading player in the industrial real estate sector, has announced a significant expansion of its footprint in France with the acquisition of three new logistics sites. These strategic additions bolster Argan's portfolio by nearly 100,000 square meters of high-quality warehouse space, solidifying its position as a go-to partner for businesses seeking premium distribution and storage solutions.
The acquisitions come with the welcome of two new major clients: the renowned confectionary giant Ferrero and global sportswear brand Puma. This move highlights Argan's capability to attract and serve international enterprises with complex logistical needs, providing state-of-the-art facilities designed for efficiency and long-term operational success.
Delivering bespoke solutions for global food giant Ferrero
Argan's new portfolio includes two critical logistics sites dedicated to Ferrero. The first, a substantial 34,000 m² warehouse in Cléon, Seine-Maritime, is strategically located near Ferrero's key production facilities in Normandy, including the Villers-Écalles plant. This facility, capable of storing up to 50,000 pallets, is expected to generate approximately one hundred indirect jobs, underlining its significant regional impact. Argan also acquired a second 20,000 m² site for Ferrero in Barentin (76).
Both Ferrero facilities are slated for delivery in early summer 2026, marking the commencement of a robust 10-year firm lease for each site. These long-term commitments reflect the confidence of a global leader like Ferrero in Argan's capacity to provide reliable and high-performance logistics infrastructure.
Securing a key distribution hub for sportswear leader Puma
Further strengthening its tenant roster, Argan has also secured a pivotal logistics building for Puma in Vendenheim, Bas-Rhin. This expansive 42,000 m² site, whose upcoming delivery was previously announced by ID Logistics, will be operated by a contract logistics specialist on behalf of Puma. This facility is poised to welcome Puma's teams from early 2026, secured by a long-term firm lease of 9 years.
This acquisition underscores Argan's versatility in meeting diverse industry requirements, from food and beverage to fast-moving consumer goods and fashion, always with a focus on delivering strategically located and operationally efficient properties.
Innovation and sustainability at the core of Argan's portfolio
Argan's approach to these acquisitions demonstrates a commitment to innovation and environmental responsibility. By acquiring these sites early in their construction phase, Argan was able to configure them to specific environmental prerequisites, aligning with its own high standards for sustainable development.
This strategy complements Argan's development of 'Aut0nom' labeled warehouses, which are equipped with photovoltaic power plants and batteries for occupant self-consumption, minimizing environmental impact and operational costs. For businesses seeking not only premium space but also a partner committed to sustainable logistics, Argan's portfolio offers compelling advantages.
Partner with Argan for your next premium logistics space
These latest acquisitions are part of Argan's ambitious 2026 investment program, targeting €165 million in 'premium' assets. With €140 million planned for the first half of the year and an impressive average yield of 6%, Argan continues to demonstrate strong financial health and a clear vision for growth.
Businesses looking for strategically located, modern, and sustainably-minded warehouse or logistics space in France can find a reliable and forward-thinking partner in Argan. Their track record with global brands like Ferrero and Puma is a testament to their capability to deliver facilities that meet the highest standards of operational excellence and environmental performance. Discover how Argan can support your supply chain needs and contribute to your business's success.
Source: voxlog.fr
