A portion of the facility will be allocated to cold storage, with the remaining area devoted to ambient storage. Credit: metamorworks via Shutterstock.

The CARGAN-LOG joint venture (JV) between French real estate company Argan and retail company Carrefour has commenced construction on a new logistics platform in Caen, France.

The new 82,000m² platform will be leased to the retailer’s supply chain business on a nine-year fixed-term lease.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

ARGAN and Carrefour are creating this new Aut0nom logistics platform on a 30ha brownfield site near Caen.

A portion of the facility will be allocated to cold storage, with the remaining area devoted to ambient storage. This facility will also comprise 2,500m² of offices and social areas.

The project is anticipated to be completed in mid-2024.

See Also:

Each site’s heating, cooling, and lighting demands will be addressed by green energy, which will be created and used locally by building a solar power plant on the roof, in addition to batteries for energy storage.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The site’s heating and cooling will be provided by electric air/water heat pumps, which claim to use significantly less energy than gas heaters and, hence, minimise CO₂ emissions by a factor of 12.

Additionally, the project involves an extensive plan to reforest the field and improve the surrounding areas.

ARGAN founder and supervisory board chairman Jean-Claude Le Lan said: “ARGAN is pursuing and strengthening its historic partnership with Carrefour, its main tenant client with over 20 running logistics sites.

“The creation of this joint venture, under which future logistics real estate developments with Carrefour will take place, is a win-win contract between two complementary entities.”