November 9, 2017 / 5:21 PM / a month ago

BRIEF-Argan acquires set of warehouses totaling 65,000 sq.m from Groupe Idec Invest

Nov 9 (Reuters) - ARGAN SA:

* CONFIRMS OBJECTIVE OF 12 PERCENT GROWTH IN RENTAL INCOME IN 2017, TO EUR 75 MILLION

* POST-AQUISITION TOTAL SURFACE OF CO‘S ASSETS REACHES 1,550,000 SQ.M

* WITH DELIVERIES OR ACQUISITIONS REMAINING TO BE COMPLETED BY END OF YEAR, EXPECTS PORTFOLIO TO REACH 1,615,000 SQ.M BY DEC. 31

* ACQUIRES SET OF WAREHOUSES TOTALING 65,000 SQ.M FROM GROUPE IDEC INVEST Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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