Expansion of GEODIS Fulfilment Centre at Bruguières by ARGAN
ARGAN has recently completed a significant refurbishment and extension of the fulfilment centre for GEODIS at Bruguières, marking an important milestone in their partnership. This expansion not only boosts the operational capacity of the centre but also emphasizes a commitment to sustainability and efficiency.
Details of the Refurbishment
The fulfilment centre, which has been operational since 2003, has undergone extensive modifications to meet the growing demands of GEODIS. The renovations have added 2,900 sq.m to the existing structure, bringing the total area to an impressive 14,000 sq.m. The project focused on innovative design solutions that widened the building rather than extending it lengthwise, allowing uninterrupted operations during construction.
Enhanced Facilities
As a result of the renovations, the centre now boasts 157 docks within a substantially enlarged terminal hall, which is now 12,100 sq.m. This enhancement not only increases the centre's capacity to handle logistics but also improves its overall operational efficiency.
Commitment to Sustainability
In parallel with increasing operational capacity, ARGAN took significant steps to minimize the environmental impact of the centre. The renovations included installing a photovoltaic power station to promote self-consumption of energy as well as implementing a sophisticated Building Management System (BMS). These initiatives reflect ARGAN's dedication to reducing the carbon footprint of their projects.
Innovative Lighting Solutions
Moreover, the lighting has been modernized with energy-efficient LED systems that incorporate presence sensing and light intensity monitoring, contributing further to energy efficiency at the site.
The Future of ARGAN and GEODIS Partnership
The completion of this project paves the way for a new long-term lease agreement lasting 12 years, signifying a strong commitment between ARGAN and GEODIS. Ronan Le Lan, Chairman of ARGAN’s Executive Board, expressed satisfaction at how operations continued seamlessly during the renovation, highlighting ARGAN’s ability to deliver tailored solutions to community partners.
Overview of ARGAN
ARGAN is well-established as a leading player in the real estate market, specializing in the development and rental of premium warehouses. As the only French company listed on EURONEXT dedicated to this sector, ARGAN focuses on sustainability and customer-centric solutions. With a portfolio exceeding 3.7 million sq.m, valued at approximately €3.9 billion, the company demonstrates financial strength and stability, earning an investment-grade rating of BBB- from Standard & Poor’s.
Frequently Asked Questions
What is the size of the newly extended fulfilment centre?
The fulfilment centre now covers a total area of 14,000 sq.m after the extension.
What sustainability measures were implemented?
ARGAN installed a photovoltaic power station, implemented advanced lighting solutions, and established a Building Management System.
How long is the new lease with GEODIS?
The new lease duration is set for 12 years, reinforcing the collaboration between ARGAN and GEODIS.
When did GEODIS start operating in the Bruguières centre?
GEODIS commenced operations at this location in 2003.
What distinguishes ARGAN in the real estate market?
ARGAN is notable for its focus on premium warehouses and its commitment to sustainability, alongside its status as a listed company on EURONEXT.
