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Argan still on the road to debt reduction

Asset value up 3% to €4.02 billion
A 30,000 m² Aut0nom warehouse operated by Dimolog south of Rennes (Argan)
A 30,000 m² Aut0nom warehouse operated by Dimolog south of Rennes (Argan)
Business Immo
July 17, 2025 | 6:14 P.M.

Translated from French.

"All the indicators are green..." Ronan Le Lan, Chairman of Argan's Management Board, said on Thursday evening. Ronan Le Lan, Chairman of Argan's Management Board, affirmed as much this Thursday evening, on the sidelines of the presentation of Siic's H1 2025 results, whose asset value stands at €4.02 billion excluding transfer duties (€4.26 billion including transfer duties), up +3% on December 31, 2024. The valuation of the assets delivered shows a capitalization rate of 5.25% (excluding transfer duties), up very slightly on the 5.20% recorded six months earlier, while the Epra yield (including transfer duties) stands at 4.95%, "in line with the national prime rate of 4.90%", says the real estate company.

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