Argan: 12% increase in rental income over nine months – 03/10/2023 at 07:18


( – The logistics real estate company Argan indicates that it has recorded rental income of 137 million euros over the first nine months of the year, up 12% compared to the same period of the financial year. previous.

This growth essentially results from the full-year effect of rents generated by developments in 2022, rents from warehouses delivered during the first nine months of 2023, as well as the revision of rents as of January 1, 2023 (+4% on average ).

Argan confirms its objectives for the whole of 2023, namely rental income up 10% to 183 million euros, recurring net profit up 4% to 124 million and a dividend up 5% to 3 .15 euros per share.


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